Tag: ICAP plc (LON:IAP)

October 06, 2016 BY LeapRate Staff

ICAP corrects figure raised by OpenGamma to $13.3 million

LeapRate readers may have noticed that we reported yesterday on a $16 million fundraising by derivatives risk analytics startup OpenGamma, led by venture capital firm Accel Ventures and by ICAP plc (LON:IAP). Our article was based on a press release put out by ICAP. Well that press release has disappeared from the ICAP website, replaced instead…

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August 24, 2016 BY Valentina Kirilova

Utility Settlement Coin concept on blockchain gathers pace

Bank of New York Mellon Corp (NYSE:BK), Deutsche Bank AG (USA) (NYSE:DB), ICAP plc (LON:IAP) and British bank Santander UK plc join UBS and Clearmatics to advance the Utility Settlement Coin concept, and plan tests in a real-market environment.  USC is a digital cash model aimed at facilitating payment and settlement for institutional financial markets.…

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August 08, 2016 BY Valentina Kirilova

TriOptima completes first triReduce compression cycle for cleared Mexican Peso swaps at CME Group

Post trade infrastructure provider TriOptima, part of ICAP plc (LON:IAP), has announced that 11 CME Group IRS clearing members eliminated 12.5 trillion MXN ($664 billion USD) notional outstanding in the first triReduce multilateral compression cycle for cleared Mexican Peso (MXN) interest rate swaps (IRS). Over 35% of the cleared MXN notional principal outstanding in CME…

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August 03, 2016 BY Valentina Kirilova

ICAP's EBS volumes are down 15% MoM in July 2016

Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has just published its electronic markets metrics for July 2016. EBS volumes are down 15% MoM, US Treasury has dropped to 153.8 for the same period of time. US Repo is steady at 211.3 this month, European Repo (in EUR billions) - 169.4. See…

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July 19, 2016 BY Valentina Kirilova

ICAP routes €212 billion notional equity baskets into Bats Europe’s ETR service

Interdealer broker ICAP plc (LON:IAP) and global exchanges operator Bats Global Markets, Inc. (BATS:BATS) have announced that following a successful launch of ICAP’s cleared equity basket solution in April 2015, over €212 billion of notional trades have been routed through the Bats Exchange Trade Reporting (ETR) service for clearing during the financial year ended June…

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July 13, 2016 BY Valentina Kirilova

ICAP releases earnings statement

Interdealer broker ICAP plc (LON:IAP) announces today its trading statement for the period from April 1, 2016 to June 30, 2016. It will be delivered to shareholders attending ICAP’s Annual General Meeting today.   Michael Spencer, Group Chief Executive Officer of ICAP, said: I expect 2016/17 to be an exciting and challenging year for ICAP…

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July 06, 2016 BY LeapRate Staff

ICAP EBS June FX volumes up 29% MoM to $97.4 billion ADV

Continuing the healthy-June-FX-volumes trend we have seen from a number of both retail and institutional eFX platforms, interdealer broker ICAP plc (LON:IAP) has reported that Forex volumes at its EBS subsidiary were up 29% MoM from May to average $97.4 billion per day in June. We'd note that May volumes at EBS were their lowest in…

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