FX Week

Active FX markets boost Icap’s results

Icap does not break out FX figures but it announced profits for interest rate derivatives and money broking of £27.7 million for the six months ending September 30, 2002, down from £30.0 million for the same period last year. The broker’s interim pre-tax profits were up 30% to £58.2 million, thanks to longer-term interest rate and credit volatility, the company reported.

"Market conditions across all regions for derivatives, bonds and money markets have been extremely active as longer-term

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: