The company has reported record first half revenue for 2009, which rose 6% to £809 million, but a 5% fall in profit to £166 million. Revenue from electronic broking, which includes EBS, fell 5% to £122 million, although Icap has put a good spin on the numbers: “Our electronic fixed income and FX businesses showed remarkable growth in the past two years and volumes returned to more normal levels this year. Fixed-income volume is growing again and we have also seen an improvement in electronic volumes in FX in the past two months.
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