EBS still leads the electronic trading pack
Icap is also benefiting from the general and inexorable march towards more electronic trading. The company says the volumes derived from its electronic broking platforms averaged $842 billion in June, a 32% increase on the same month in 2006. Volumes on EBS averaged $167 billion. Talking of EBS, I hear that there wasn’t a dry eye at the leaving do held for Jack Jeffery by his staff at the Soho Hotel in London. There is absolutely no doubt he will be missed.