Tuesday, July 17, 2007

ICAP Says Volatile Bond, Foreign Exchange Markets Boosted Trading

(Bloomberg) -- ICAP Plc, the world's largest broker
of transactions between banks, had a ``positive'' start to the
fiscal year as market volatility boosted trading volumes last
quarter.

Electronic broking volumes, ICAP's most profitable
business, exceeded $1 trillion on two days in June, with a
record daily average of $842 billion for the month, the London-
based company said today in a Regulatory News Service statement.


Read more at Bloomberg Bonds News

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