New Record High Volumes at FXall in June, up by 11%, Thomson Reuters Higher by 8%

An industry wide rebound in volumes during the month of June has been confirmed by the latest numbers released by Thomson Reuters and its own FXall division which reports results separately. Both entities recorded a month-on-month increase with numbers at Thomson Reuters rising by 8% to $94 billion in average daily volumes (ADV), while the multi-dealer FXall platform has recorded an all-time high of $141 billion, which is higher by 11% from the month of May.

The European Central Bank and the Bank of England have been the most active triggers for 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 during the month of June. Both have announced new monetary policy courses, which have somewhat surprised the markets and brought higher trading interest towards the otherwise dormant 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 market.

Volumes at the Thomson Reuters' platform have continued to lag behind FXall, with the latter now closing in on the record month of June last year, when we saw $147 billion in ADV.

Commenting in a company statement Thomson Reuters' global head of foreign exchange Phil Weisberg has stated that “expectations in the FX market were that trading volumes would be subdued due to the extended period of low volatility. Our FX platforms nevertheless traded a robust average $235bn daily throughout June.”