Thomson Reuters and FXall Report Slowdown in August Trading Metrics

Thomson Reuters and FXall have both reported trading metrics for the month of August. Thomson Reuters saw a decrease of

thomson reuters logoLeading FX execution venues, Thomson Reuters and FXall have reported their monthly trading activity for August, as seen across other trading venues, the trend of a slowdown in August was present at Thomson Reuters and FXall.

Thomson Reuters, the inter-dealer trading portal, recorded a 6.14% drop in MoM figures. In August, the firm’s average daily trading volume was $107 billion, lower than July’s figure of $114 billion.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Suggested articles

Ready to kick-off your Trading Game with Manchester United?Go to article >>

FXall saw volumes drop below the all-important $100 billion a day mark. In August, the average daily trading volume at FXall was $97 billion, 4.9% lower than the $102 billion traded in July.

Historically, August has been a slow month for both firms. In 2012, FXall traded $84 billion a day and Thomson Reuters traded $115 billion a day.

Unlike competitor EBS, whose volumes dropped 30% in August at $89 billion (ADV), Thomson Reuters has kept its head above the $100 billion mark, the closest it came to slipping short was in December 2012 ($102 billion ADV).

Got a news tip? Let Us Know