Fastmatch Monthly Trading Volumes Decline in July

Trading volumes at Fastmatch declined during the month of July. Trading activity on the newly acquired by Euronext Electronic Communications Network for trading 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 was subdued. The drop is consistent with seasonal patterns across the FX market in July and August.

Despite increasing 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 of the US dollar index, which marked new 12 months lows in recent weeks, big money continued to stay out of the market. Political turmoil and monetary policy uncertainty failed to spark increased trading interest in the institutional space.

Fastmatch reported a decline in trading volumes to a total of $378.4 billion during the month. The number is lower by 12.6 percent when compared to June this year, but retains an upbeat tone when we look at year-on-year growth. Trading activity on Fastmatch was higher by 40 percent when compared to July 2016.

Looking at average daily volumes (ADVs), traders transacted via Fastmatch a total of $18 billion daily. The number was higher by 40 percent year-on-year and lower by almost 9 percent when compared to June 2017.

The trends across the foreign exchange market during the summer have consistently been down during the summer months. The seasonal slowdown this year comes despite increasing volatility of the US dollar index triggered by the latest batch of US political turmoil.

During the month of July, the US dollar declined across the board, with the Trump administration’s agenda falling behind schedule.