The relationship between the value of the Australian dollar and the trading volumes in USD terms is linear.
The Australian Foreign Exchange Committee has released its latest survey data about the trends on the Australian foreign exchange market. The study encompasses data from from 24 financial institutions that are actively participating in the Australian foreign exchange market.
Looking at the trends in total volumes, the figures in Australia are rebounding, albeit mildly. The total average daily volumes (ADV) across all over-the-counter (OTC) markets amounted to $134.8 billion in April 2016, when the survey data was collected. This marks a year-on-year increase of 3 per cent, but a decline when compared to the previous survey’s data in October.
Looking at specific segments, that include FX spot, FX forwards and FX Swaps deals, the turnover in the Australian market totaled $130.4 billion, while OTC options and currency swaps accounted for $4.3 billion.
Since the majority of the turnover on the Australian foreign exchange market is conducted in Australian dollars, the total volumes numbers are affected by the value of the exchange rate of the AUD.
Spot transactions on the Australian market have continued declining reflective of the changing product mix which is used globally. Peaking in the aftermath of the global financial crisis in 2009, the volumes in Spot FX trading have now almost halved.
Forwards have remained steady with the total turnover increasing materially in percentage terms to just below $10 billion daily. The trend here is clearly reversing and we expect this momentum to continue into the next survey, the data for which will be collected in October 2016.
In recent months, the relatively steady performance of the Australian currency has assisted the plateau in the declining trend which we have been observing since 2011. With the value of the currency declining in tandem with commodities prices, the effects of the currency rate have been materially reflected in the data.
Looking ahead, the future flows are highly dependent on the actions of global policy makers. With the U.S. Fed on hold and the Reserve Bank of Australia contemplating additional easing in the coming quarters, the value of the ADV could decline in the next six months. Any slowdown in the U.S. however should have the opposite effect on the chart.
The Australian Foreign Exchange Committee has released its latest survey data about the trends on the Australian foreign exchange market. The study encompasses data from from 24 financial institutions that are actively participating in the Australian foreign exchange market.
Looking at the trends in total volumes, the figures in Australia are rebounding, albeit mildly. The total average daily volumes (ADV) across all over-the-counter (OTC) markets amounted to $134.8 billion in April 2016, when the survey data was collected. This marks a year-on-year increase of 3 per cent, but a decline when compared to the previous survey’s data in October.
Looking at specific segments, that include FX spot, FX forwards and FX Swaps deals, the turnover in the Australian market totaled $130.4 billion, while OTC options and currency swaps accounted for $4.3 billion.
Since the majority of the turnover on the Australian foreign exchange market is conducted in Australian dollars, the total volumes numbers are affected by the value of the exchange rate of the AUD.
Spot transactions on the Australian market have continued declining reflective of the changing product mix which is used globally. Peaking in the aftermath of the global financial crisis in 2009, the volumes in Spot FX trading have now almost halved.
Forwards have remained steady with the total turnover increasing materially in percentage terms to just below $10 billion daily. The trend here is clearly reversing and we expect this momentum to continue into the next survey, the data for which will be collected in October 2016.
In recent months, the relatively steady performance of the Australian currency has assisted the plateau in the declining trend which we have been observing since 2011. With the value of the currency declining in tandem with commodities prices, the effects of the currency rate have been materially reflected in the data.
Looking ahead, the future flows are highly dependent on the actions of global policy makers. With the U.S. Fed on hold and the Reserve Bank of Australia contemplating additional easing in the coming quarters, the value of the ADV could decline in the next six months. Any slowdown in the U.S. however should have the opposite effect on the chart.
Institutional FX Demand Continues to Climb in April
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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