Thomson Reuters FX Volumes in May Lowest Since December 2014

One of the leading ECNs in the industry has reported its monthly foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term trading volumes figures for May. The aggregated average daily volumes (ADV) for Thomson Reuters Matching and FXall have marked the lowest figure since December 2014 at $353 billion.

The figure is lower by about 4 percent when compared to the previous month and mostly flat year-on-year, when both entities of Thomson Reuters registered $351 billion.

The ADV for spot trading totaled $110 billion, which is almost 7 percent lower than April yet mildly higher year-on-year.

the report confirms that ICAP’s EBS competing solution is experiencing a renaissance

This report confirms that ICAP’s EBS competing solution is experiencing a renaissance after committing substantial resources to revamp its offering during the past 18 months.

In terms of market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term the figures reflect the somewhat subdued market activity in May. As the dollar rally has paused for the time being, volumes have declined. June looks promising as a vibrant discussion on the Federal Reserve’s Open Market Committee about when to raise interest rates is likely to continue.

Today’s very strong non-farm payrolls data from the U.S. could reignite this debate.

After the announcement today, a research note by Barclays has highlighted, “We view this report as supporting our view that the Q1 softness was likely temporary and driven by one-off factors. We see the economy returning to more solid growth from Q2 onwards and for the recovery to be sustained. As a result, we continue to look for the first rate hike in September.”