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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)