“Group revenue (excluding the recent Link acquisition) grew by 15% in the quarter ended June 30, 2008 compared with the same period in the previous year,” Icap said in a press release, adding: “Icap has a broadly diversified revenue base and in many markets the group benefited from higher than average levels of volatility. The increase in electronic broking revenue was particularly strong, especially in foreign exchange.”
According to Icap, the average daily spot FX volume on its EBS platform was $213.4
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