Icap and CME Group report bullish trading in August
Spot FX trading volume on Icap's electronic broking platform, EBS, reached a daily average of about $240 billion last month. This is an 84% increase from an average of $130 billion a day in August last year.
"The record volumes in FX and fixed-income electronic broking highlight Icap's position as a trusted liquidity source," said Michael Spencer, group chief executive of Icap in London. "Both the EBS and BrokerTec platforms have proven their value to customers with strong liquidity, tight
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