ICAP’s EBS trading volumes drop 1% MoM in December 2015

ICAP plc (LON:IAP) has just posted its operating metrics for December 2015, with the last month of the last year bringing no positive news on the Forex volumes front, as EBS trading volumes were even lower than in November 2015.

Average daily volumes at EBS amounted to $74.8 billion in December 2015, down 1% from the reading of $75.5 billion registered in November 2015. The December 2015 reading was 29% lower than the reading of $104.8 billion for December 2014.

On the brighter side, the Forex ADV for the full 2015 equalled $94.7 billion, thus beating the result from 2014 by 2%.

ebs_dec15_chart

You can view the official announcement from ICAP by clicking here.

Read Also: