Thomson Reuters Reports 8.1% MoM Decline
December FX volumes publically reported by firms continue to be released. A short while after EBS published its 10% decline
December FX volumes publically reported by firms continue to be released. A short while after EBS published its 10% decline in Month over Month figures, Thomson Reuters has released volume numbers for its FX Spot trading division and for FXall. For the month, Thomson Reuters average daily volume dropped to $102 billion from $111 billion in November and $114 billion in the same period last year. At FXall, ADV rose to $100 billion from $95 in November. (FXall figures include both its Relationship Trading and Active Trading divisions)
The drop at both EBS and Thomson Reuters contrasts to positive figures at both the CME and ICE which posted December gains. A possible reason for the exchange outperformance may be attributed to the growth of use of FX trading among cross asset systematic traders (See Q3 report on FX Futures). With the Japanese yen in a two month downtrend, it has led to an increase of momentum traders entering the trade.
Suggested articles
No Pain, No Gain: A New Dawn for the South African CFD IndustryGo to article >>
Join the iFX EXPO Asia and discover your gateway to the Asian Markets
Leave a Reply
[…] Apparently a beta-version was expelled weeks ago on a JForex forum, as discussed above, with successive revisions of bug fixes, improvements, and new additional facilities combined by a bank’s possess IT team. However, a new beta-version is not enabled nonetheless for live trade given it is still -as a name implies in “beta-mode.” This vicious duration enables 3rd celebration developers, and users, to yield feedback, while Dukascopy’s possess developers ceaselessly tweak a technology. […]
[…] into a Darwin, or Dynamic Asset & Risk Weighted Investing (DARWIN). Traders compete in a gamified trading challenge called Darwinia, where their performance is ranked in a unique manner according to the […]
[…] into a Darwin, or Dynamic Asset & Risk Weighted Investing (DARWIN). Traders compete in a gamified trading challenge called Darwinia, where their performance is ranked in a unique manner according to the […]
[…] performers into a Darwin, or Dynamic Asset Risk Weighted Investing (DARWIN). Traders compete in a gamified trade challenge called Darwinia, where their opening is ranked in a singular demeanour according to a […]
[…] performers into a Darwin, or Dynamic Asset Risk Weighted Investing (DARWIN). Traders compete in a gamified trading challenge called Darwinia, where their performance is ranked in a unique manner according to the […]
[…] performers into a Darwin, or Dynamic Asset Risk Weighted Investing (DARWIN). Traders compete in a gamified trading challenge called Darwinia, where their performance is ranked in a unique manner according to the […]
[…] performers into a Darwin, or Dynamic Asset Risk Weighted Investing (DARWIN). Traders compete in a gamified trading challenge called Darwinia, where their performance is ranked in a unique manner according to the […]