FX Volumes Fall 11% During September at EBS as Asian Volatility Subsides
- After seeing record volumes in CNH and Asian NDFs in August, FX trading at EBS cooled down during September.
On the same day that EBS BrokerTec announced that it was acquiring Molten Markets to bolster their FX trading services, they also revealed a decline in trading last month. During September, average daily volumes (ADV) fell from 11% in August to $89.4 billion. The trading decline wipes out what had been solid momentum of Asian currencies during the second half of August when EBS reported to Finance Magnates achieving record volumes for CNH and Asian NDFs. The electronic platform also benefited in August from their strong position trading the Japanese yen which saw increased 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 as a safe haven currency that month.
The volumes also marked a decline from the same period in 2014, with activity lower by 24%. Last September began a series of strong trading months to end 2014.
In addition to FX, ICAO reported fixed income trading volumes in their BrokerTec electronic trading platforms. Trading was led by US Repo securities that achieved 3% month over month growth to $240.2 billion in ADV. However, US Treasury volumes fell 11% to ADV of $170.1 billion. Volumes of US fixed income securities were affected by last month's Fed Meeting where, despite rising expectations of a rate hike, yields remained at record lows.
On the same day that EBS BrokerTec announced that it was acquiring Molten Markets to bolster their FX trading services, they also revealed a decline in trading last month. During September, average daily volumes (ADV) fell from 11% in August to $89.4 billion. The trading decline wipes out what had been solid momentum of Asian currencies during the second half of August when EBS reported to Finance Magnates achieving record volumes for CNH and Asian NDFs. The electronic platform also benefited in August from their strong position trading the Japanese yen which saw increased 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 as a safe haven currency that month.
The volumes also marked a decline from the same period in 2014, with activity lower by 24%. Last September began a series of strong trading months to end 2014.
In addition to FX, ICAO reported fixed income trading volumes in their BrokerTec electronic trading platforms. Trading was led by US Repo securities that achieved 3% month over month growth to $240.2 billion in ADV. However, US Treasury volumes fell 11% to ADV of $170.1 billion. Volumes of US fixed income securities were affected by last month's Fed Meeting where, despite rising expectations of a rate hike, yields remained at record lows.