Tag: ICAP volumes

March 04, 2014 BY Gerald Segal

ICAP raises EUR 350 million ($481M) in issue of 5-Year Notes

ICAP Notes rated investment grade BBB/Baa2 by S&P/Moody’s, yield 3.2% One of the leading global electronic brokers, ICAP (LON:IAP), is about to issue €325 million ($481 million) of five-year notes related to its latest refinancing operation. The Euro denominated 5-year notes will be listed on the London Stock Exchange on the 6th of March with…

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January 06, 2014 BY Gerald Segal

ICAP EBS sees lowest FX volume metrics in years in December

EBS forex volumes 23% below last year and 11% below last month Another month passes and another dismal number for ICAP’s EBS comes into the fray. Following the multi-year lows announced in October, the company has reported an 11% drop on last month’s tepid rebound to mark the final month of 2013 at an average of $71 billion…

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September 10, 2013 BY Gerald Segal

EBS August FX volumes are lowest in eight years

ICAP's Forex ECN unit EBS reports volumes of just $78.7 billion daily in August. The question for ICAP -- which after a strong start to the year for EBS volumes in January and February, has seen volumes drop off during an otherwise strong 2013 -- is whether this is just the summer doldrums, or an…

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