Average Daily FX Volume Drops 4.5% in November at Intercontinental Exchange

The total FX ADV figure at the Intercontinental Exchange reached 42,000 contracts for November 2014, that is 74% higher than

logo_iceThe Intercontinental Exchange (ICE) has just issued a monthly statement to investors outlining the trading volumes at the venue, including the FX numbers it has registered during the month of November. The FX numbers show a considerable increase on a year-on-year basis but a mild decrease on a month-on-month comparison.

The “TOTAL FX” average daily volume (ADV) figure released by the Intercontinental Exchange, which includes futures and options for the US Dollar Index and foreign exchange, reached 42,000 contracts for July 2014. This figure is 74% higher than November 2013’s ADV, but 4.5% lower than October 2014’s ADV of 44,000 contracts.

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