Reuters FX June Volumes Drop by 7%
Daily spot 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 trading volumes on Thomson Reuters dealing platforms fell more than 9 percent in June from a year earlier.
The average daily volume traded in June was $143 billion, down 7 percent from the previous month, when it totalled $154 billion.
A spokesman for Thomson Reuters attributed the decline to investors' concerns about the euro zone debt crisis.
"It is continued uncertainty in the euro zone which generally has shown a bit of a slowdown in growth of FX volumes," he said.
Reuters has recently placed a bid for listed ECN FXall.
Daily spot 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 trading volumes on Thomson Reuters dealing platforms fell more than 9 percent in June from a year earlier.
The average daily volume traded in June was $143 billion, down 7 percent from the previous month, when it totalled $154 billion.
A spokesman for Thomson Reuters attributed the decline to investors' concerns about the euro zone debt crisis.
"It is continued uncertainty in the euro zone which generally has shown a bit of a slowdown in growth of FX volumes," he said.
Reuters has recently placed a bid for listed ECN FXall.