FX Volumes in April Flat on FXall, Down $20B or 18% on Thomson Reuters from $110B in March
- FXall weathered the April Storm that Thomson Reuters other FX platforms saw, and managed to reach its highest ever ADV, at just $200 Million over the prior month to arrive at $132.3 billion for April 2014.
According to data just released for the month of April by Thomson Reuters, its average daily FX Spot volume for the last month was $90 billion as traded on Thomson Reuters Dealing, Matching and Reuters Trading for FX, indicating a drop of 18% or $20 Billion over March's $110 billion total as reported by Forex Magnates in April.
Despite the decrease on its matching and dealing platforms, the company's relationship Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, operated under the FXall brand, managed to stay mostly flat for the month, measuring a slight increase of $200 million or almost one-sixth of a percent, to reach $132.3 billion from March's total of $132.1 billion.
Year-over-Year, April's ADV on FXall was up 22% over the same month last year, and the company said the figure was its highest reported ever -on that platform -after inching above the prior months total.
The Divergence of volumes across the two segments can be seen in the graph below, using 2014 year-to-date (YTD) monthly totals from Thomson Reuters:
According to data just released for the month of April by Thomson Reuters, its average daily FX Spot volume for the last month was $90 billion as traded on Thomson Reuters Dealing, Matching and Reuters Trading for FX, indicating a drop of 18% or $20 Billion over March's $110 billion total as reported by Forex Magnates in April.
Despite the decrease on its matching and dealing platforms, the company's relationship Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, operated under the FXall brand, managed to stay mostly flat for the month, measuring a slight increase of $200 million or almost one-sixth of a percent, to reach $132.3 billion from March's total of $132.1 billion.
Year-over-Year, April's ADV on FXall was up 22% over the same month last year, and the company said the figure was its highest reported ever -on that platform -after inching above the prior months total.
The Divergence of volumes across the two segments can be seen in the graph below, using 2014 year-to-date (YTD) monthly totals from Thomson Reuters: