Volume boost for EBS at last

Volumes rise 45% between August and September

michael-spencer-icap
Icap chief executive Michael Spencer

Following a long period of decline, volumes on Icap's EBS trading platforms rose from $85.5 billion in August to $117.9 billion in September – an increase of 38%. September's volumes were also up by 45% on the same month of 2013.

According to an Icap spokesperson, the increase came as a result of strong interest in EUR/USD, as well as an uptick in emerging markets currency trading through non-deliverable forwards.

The firm's newest trading venture, EBS Direct – a relationship-based, disclosed

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