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
16,492.39
15:44 15/11/24
-0.24%
-40.16
FTSE 250
20,508.75
15:45 15/11/24
n/a
n/a
FTSE 350
4,453.56
15:45 15/11/24
n/a
n/a
FTSE All-Share
4,411.85
15:45 15/11/24
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.