ICAP Releases March Trading Volumes – FX Down 19%

Global interdealer ICAP has just posted their monthly volume figures. During March, average daily volumes (ADV) at ICAP’s FX 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 EBS was $120.4 billion, 2% below the same period last year and a 19% decrease from February.

So far we have seen some contrasting data points for March. Earlier this week we saw FX volumes hold steady at the CME and ICE. Also, Australian brokers have experienced continued gains during March. However, Japanese brokers were experiencing a large decline from their record figures as Yen 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 subsided. As such, the month over month decline at EBS compares to similar results seen from Japan. This makes sense as EBS’s January and February breakout figures compared well to gains taking place in Japan.

In total trading at ICAP, electronic trading volumes averaged $742.9 billion, a 1% decrease from March 2012 and 7% below February’s figures. Among the separate units, only US Repo trading achieved month over month and yearly growth as volumes from the division reached $231.1 billion, slightly above both March 2012 and February 2013 numbers.