Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  ICAP plc    IAP   GB0033872168


SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

EBS Daily Average Currency Volumes Down 26% On Year In April - ICAP

05/04/2012 | 07:09am US/Eastern

ICAP-owned interdealer currencies broker EBS said the volume of trades it had handled in April plummeted 11% on the month and 26% compared to the same time last year, with the average daily volume of trades now standing at $109.7 billion.

ICAP (>> ICAP plc) attributed the slip in performance to the "seasonal slowdown over Easter." Still, the decline in volumes was sharper than that seen by the company's main competitor, Thomson Reuters (TRI).

Reuters Thursday that its average daily trading volume fell 6% to $130 billion last month from April 2011 on the company's Thomson Reuters Dealing, Matching and Reuters Trading for FX platforms.

ICAP said its total electronic broking volumes on its BrokerTec and EBS platforms were also down 5% compared to March and 13% compared to the same time last year.

-By Eva Szalay, Dow Jones Newswires; 44 20 7842 9305; ( @djfxtrader

Stocks mentioned in the article : ICAP plc, ICAP plc
Recommend :
React to this article
Latest news on ICAP PLC
1d ago ICAP : TriOptima wins Global Capital’s Derivatives Compression Provider of..
2d agoDJDollar Softens Against Yen as Investors Take Profits
5d agoDJYen Weakens to Fresh Six-Year as Scotland Seen Voting Against Independence
6d ago Wall Street sees holes in Fed's new policy-tightening plan
6d agoDJDollar Hits Fresh 6-Year High Against Yen After Fed Guidance
7d ago ICAP : Elects its Office Bearers for the Term 2014-15
7d ago ICAP : Institute of Business Administration Sukkur signs deal with Institute of ..
7d agoDJEUROPE MARKETS : Air France Climbs; Inditex Slides: Europe's Big Stock Movers
7d ago ICAP : Institute of Business Administration Sukkur signs deal with Institute of ..
7d agoDJDollar Tad Higher Against Yen, Euro Ahead of Fed Outcome
Duration : Period :
ICAP plc Technical Analysis Chart | IAP | GB0033872168 | 4-Traders
Income Statement Evolution
ICAP plc : Income Statement Evolution
More Financials
Dynamic quotes