Thomson Reuters has published average trading volume (ADV) for March. During the month ADV was $131 billion. Despite the 4.4% month over month decline, Thomson Reuters retook the top spot among publicly reporting FX venues as volumes at previous number one, EBS, had dropped 19% to $121 billion ADV. After holding the top spot for all of 2012, Thomson Reuters was surprisingly knocked off as EBS experienced a surge of trading activity during January and February.
Thomson Reuters reportedly has a stronger hold in the non-major currency pairs. As such, with declines in yen trading taking place during March, the diversity among Thomson Reuters volumes could be a factor as to why their month over month decline well outperformed that of EBS.
FBS CopyTrade Launches a New Card Scanning Feature!Go to article >>
Looking ahead, volume figures from Hotspot FX are the remaining major public trading venue that has yet to report its monthly data.