Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has announced its results for the six months ended 30 September 2016. The transaction with Tullett Prebon has received FCA clearance and remains on track to complete this year, subject to outstanding change of control consents Group revenue from continuing…
Read moreEBS BrokerTec, the electronic foreign exchange and fixed income business of interdealer broker ICAP plc (LON:IAP), has announced that the volumes traded on its EBS Direct fully disclosed, relationship based FX platform have more than tripled over the past 18 months, hitting $18 billion (average daily volumes) in October 2015, up from about $5 billion…
Read moreSix months after ICAP announced it will merge the electronic businesses, the combination of their operations marks significant progress and a new brand with a dedicated website is launched.
Read moreHowever top London City research analysts remain mixed in their outlook for ICAP shares moving forward.
Read moreMichael Spencer, ICAP Group Chief Executive, will become Chairman of EBS-BrokerTec. Gil Mandelzis, founder of Traiana and current CEO of EBS, will become CEO of the new EBS-BrokerTec business
Read moreICAP Information Services (IIS), the information division of ICAP, and MTS, a leading fixed income electronic trading venue in Europe, announced today that they are expanding the RepoFunds Rate indices to include RepoFunds Rate Euro (RFR Euro), a daily repo index for Eurozone sovereign bonds. The new index, RFR Euro, is derived from eligible repo…
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