The total average daily foreign exchange trading volumes (ADV) traded on Thomson Reuters platforms during the month of August amounted to $354.7 billion, which is higher by merely 3% when compared to July, but still much higher than a year ago – up by 18%.
The spot FX side of transactions was reported at $106.9 billion, which is higher by 8% when compared to the previous month. Starting from last month, the figures encompass trading on Thomson Reuters Matching and FXall in all transaction types – spot, forwards, swaps, options and non-deliverable forwards (NDFs).
NEXT BLOCK SOFIA 2.0 + Fabulous Blockchain After-PartyGo to article >>
Slowly increasing FX volatility in August has contributed to a modest rise in volumes this month, however we expect a much higher figure for the month of September as the results from daily reports since the beginning of the month indicate that we’re going to see substantially higher levels of activity this month.