Icap daily volumes fall year-on-year
September's daily volumes dropped year-on-year, interdealer broker Icap revealed on Wednesday, though were much improved from the historically quieter August.
Financial Services
16,083.77
16:49 20/09/24
-0.15%
-24.87
FTSE 250
20,831.84
16:39 20/09/24
n/a
n/a
FTSE 350
4,543.89
16:49 20/09/24
n/a
n/a
FTSE All-Share
4,501.08
17:04 20/09/24
n/a
n/a
ICAP
469.70p
17:09 14/12/16
0.23%
1.10p
Average daily volume in the US treasury market of $157.4m was down 2% on September last year but up 8% from August.
US repo rates were up 9% year on year to an average of $210m and up 5% on a monthly basis, while European repo volumes were down 1% on 2015 but up 8% on August.
Average daily volume of $89.4m at its EBS electronic trading platform was down 9% YoY and improved 19% MoM.