Tag: ICAP plc (LON:IAP)

November 30, 2015 BY LeapRate Staff

EBS on Renminbi IMF vote: USDCNH is already a Top-3 currency pair with us

With the International Monetary Fund (IMF) today formally voting to include China's currency in its benchmark SDR currency basket, effective next October, we are pleased to share with LeapRate readers the views expressed by Darryl Hooker, Global Co-Head of EBS BrokerTec, the electronic FX trading arm of interdealer broker ICAP plc (LON:IAP). Mr. Hooker notes: Today’s decision…

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November 16, 2015 BY Maria Nikolova

ICAP's EBS BrokerTec names Tim Cartledge its Chief Strategy Officer

EBS BrokerTec, the electronic foreign exchange (FX) and fixed income business of ICAP plc (LON:IAP), today announced the appointment of Tim Cartledge as its Chief Strategy Officer. The appointment comes into effect immediately. Mr Cartledge, who will be based in London, will report to Gil Mandelzis, CEO. He will join both the EBS BrokerTec Executive…

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November 11, 2015 BY Maria Nikolova

ICAP sees EBS revenues rise in H1 2015/16

A busy day for ICAP plc (LON:IAP)... Along with an announcement of a deal that will see it sell its Global Broking and associated information business to Tullett Prebon, ICAP posted its financial report for the six months to September 30, 2015. Total revenues for the period were £595 million ($899m), down 4% from the…

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November 06, 2015 BY LeapRate Staff

ICAP's formal statement on state of discussions with Tullett Prebon

Sometimes it is best to let a company's official statement do the talking. And here is one of those times. From our perspective, it confirms our earlier reports, from back in September, that Tullet Prebon’s new CEO was going to push further into electronic trading. One more note.... The market clearly sees this as something positive,…

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November 04, 2015 BY Maria Nikolova

ICAP’s EBS daily volumes drop 6% MoM in October 2015

EBS, the electronic Forex brokerage division of ICAP plc (LON:IAP), has just published its monthly metrics for October 2015, adding to the overall picture displayed by the Forex industry so far: volumes last month lagged behind levels seen in September 2015 and were also down from exceptionally successful October 2014. Average daily volumes at EBS amounted…

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October 27, 2015 BY Maria Nikolova

CLS, TriOptima join efforts to launch triReduce CLS Forward FX Compression Service

CLS Group (CLS), a provider of risk mitigation and operational services for the global foreign exchange market infrastructure, and TriOptima, a provider of OTC derivatives post-trade and risk reduction services, announce today the launch of the triReduce CLS Forward FX Compression Service completing the first successful compression cycle for FX forwards and swaps transactions. The…

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