Currency volatility sparks record trading volumes
The Icap-owned platform said last week that average daily volumes had risen by $22 billion to reach $167 billion in June, compared with the same time last year.
"Volatility in interest rates, foreign exchange and credit markets ensured that both electronic and voice broking volumes increased in June," said Michael Spencer, London-based chief executive at Icap.
Average daily volumes in the electronic broking business at Icap reached $842 billion overall in June, up 32% over the same period last
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