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Screenshot of a breaking news alert e-mail from Q2 2017
EBS volumes came in off 47% YoY at $68.5bn for April compared with $128.3bn in 2013! And down 23% from March 2014’s $88.4bn MoM.
This continues the trend of YoY weaker volumes and a particular SLOW month for April. ICAP’s (LON:IAP) London shares were trading down this morning at 410.60 -6.20 (-1.49%).
ICAP did see decent results in US Treasury volumes and overall ended up off only 5% across all their asset classes YoY, and down 9% overall from March 2014. You can see ICAP’s full results table in their official press release by clicking here.