Obviously November was quite a successful month for many companies. Another one to show off with great results is markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP). Last month ICAP reported that EBS Volumes have made a slight jump with 2.6% from September’s $81.7billion to October’s $83.8 billion.…
Read moreFollowing a very strong January, markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) reported a decline in trading volumes on its EBS Forex platform during February 2016. Average daily volumes at EBS amounted to $102.6 billion in February 2016, down 1% from the January 2016 reading of $103.8…
Read moreMarkets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has just published its electronic markets volumes for the first month of the new year, with trading volumes on FX trading platform EBS staging a sharp increase in monthly terms. Average daily volumes at EBS amounted to $103.8 billion in…
Read moreEBS, the electronic Forex brokerage division of ICAP plc (LON:IAP), has just added its voice to the chorus of companies reporting weak Forex volumes for November 2015. Trading volumes at EBS declined in monthly and annual terms, hitting their lowest level since July 2014, when average daily volumes amounted to meager $70.6 billion. Average daily…
Read moreICAP CEO Michael Spencer: Low volatility levels and a focus by our clients on costs and regulation resulted in execution volumes remaining suppressed during much of the period.
Read moreVolume for ICAP's EBS platform came in at $73.5bn USD for May, up 7.3% MoM. This is a slight improvement from April's $68.5bn but still one of their slowest months ever. Volume is off 42% YoY from May 2013's $126bn USD. For full ICAP volumes, please click here.
Read more"The past year has presented many challenges, and we operate in an industry which is undergoing an enormous amount of structural change with the emergence of a new post-financial crisis regulatory landscape" stated ICAP Group CEO Michael Spencer.
Read moreICAP's new technology will be packaged as an EBS offering under the name eFix Matching As reported yesterday in the Wall Street Journal, brokerage giant ICAP PLC is seeking to transform its London-based foreign-exchange voice brokers into active promoters of its electronic-trading platform. This is the newest move by a financial firm to cut humans out…
Read moreVolume on EBS ticked up slightly from February up 6% at $88.4bn for March 2014, but off 27% YOY EBS volumes come in at $88.4bn for March 2014, off 27% from the year prior when in March 2013 $120.4bn in volume clocked in. However, volume is up from the previous month by 6%. In February…
Read moreJanuary's trend reversal was a one off event – growth continues to be stifled at the UK brokerage As we are getting the latest report from UK brokerage ICAP (LON:IAP) on volumes traded over its EBS platform the numbers are anything but disappointing. A total of $83.5 billion have shaken hands over the company’s electronic dealing…
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