ICAP Plc Highlights Sterling ‘Windfall’, $200b Brexit FX Turnover

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ICAP Plc Highlights Sterling ‘Windfall’, $200b Brexit FX Turnover

Postby kreslik.news » Tue Jul 12, 2016 6:58 am


If Brexit has been a positive event for any industry, ICAP Plc (LON:IAP) has just certified that one such industry is the financial intermediary sector. The firm’s electronic brokerage unit realized a massive spike in trading volumes due to the event. The massive spike in trading volumes across multiple asset classes has resulted in a positive momentum for the firm.

Commenting in a statement, the Chief Executive Officer of ICAP, Michael Spencer, said: “We have made a good start to the year and remain cautiously confident looking ahead despite a more uncertain macroeconomic outlook for the UK and the global economy ... (read more)

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