ICAP electronic broking volumes up 11% in September

04 October 2012

London, 4 October 2012 – ICAP, the world's leading interdealer broker, announces today that average daily volumes on the BrokerTec and EBS platforms for September were US$716.8bn, 11% higher than in August. For the month of September there was a year-on-year decrease of 16%.

Average daily volumes in fixed income products on the BrokerTec platform were $604.8bn, an increase of 10% on the previous month and a decrease of 10% year-on-year.

September saw an improvement in market activity and greater confidence in the European bond markets, following ECB proposals to address eurozone sovereign debt issues.

Average daily US Treasury volumes on BrokerTec were US$131.9bn, the highest since August 2011; this represents an increase of 24% month-on-month and 4% year-on-year. Overall repo volumes were $473.0bn in September, up 7% month-on-month and down 14% year-on-year, the latter reflecting a 7% decrease in US repo and an 18% decrease in European repo.

Average daily spot FX volumes on the EBS platform were $111.9bn, up 17% month-on-month and down 39% year-on-year.

ICAP reports all of its electronic broking volumes on a single count basis.

Ends

Contacts:
Brigitte Trafford              Director of Corporate Affairs          +44 (0) 20 7050 7103
Alex Dee                          Head of Investor Relations            +44 (0) 20 7050 7123
Andrea Coleman           Maitland                                             +44 (0) 20 7305 0420

About ICAP
ICAP is the world's leading interdealer broker and provider of post trade risk and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information go to www.icap.com.



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