ICAP (IAP.L), the world’s leading interdealer broker and provider of post trade risk and information services, announces today that average daily volumes on the BrokerTec and EBS platforms for January 2013 were $767.9bn, 17% higher than in January 2012 [1].
Average daily volumes in fixed income products on the BrokerTec platform were $626.6bn, an increase of 16% year-on-year. Average daily US Treasury volumes on BrokerTec were US$144.9bn, an increase of 27% year-on-year. Overall repo volumes were $481.7bn in January up 14% year-on-year, reflecting a 7% increase in US repo and a 20% increase in European repo.
Average daily spot FX volumes on the EBS platform were $141.3bn, up 22% year-on-year and 54% month-on-month.
[1] ICAP reports all of its electronic broking volumes on a single count basis. Average daily volumes for January are calculated based on 22 business days, apart from US Treasury and US Repo volumes which are based on 21 days.
