FX Volatility Helps Trading Volumes Rebound at Thomson Reuters

Thomson Reuters (NYSE:TRI) said that financial market turbulence in June has kept FX traders busy, boosting volumes along with 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. Price swings in the $5-trillion a day foreign exchange market jumped to fresh multi-year highs last month.

Volatility is back to FX markets after a subdued May, which was one of the calmest months in 2018. However, Thomson Reuters Matching and FXall venues ended the first half on a promising note as the last few weeks were characterized by a number of influential factors across global markets, including policy speculation in both the US and Europe, which ultimately helped spark volatility.

The wild run lately has made a profitable opportunity for industry players, from major venues, including the likes of NEX Markets, to an array of retail-focused FX brokerages.

In particular, Thomson Reuters saw a total average daily volume (ADV) of its foreign exchange (FX) products, including spot, forwards, swaps options and non-deliverable forwards (NDF), coming in at $452 billion in June 2018. The figure represents an increase of 4.5 percent month-over-month from ‎$432.0 billion in May 2018. It has also outpaced the trading turnover from the same month a year ago, marking a gain of 17 percent year-over-year.

The June volumes are also shy of $461 billion and $463 billion reported back in March and February of this year respectively, the two best months on record for trading volumes.

Thomson Reuters recently launched a new version of its MarketPsych Indices (TRMI) to include market sentiment data for the top 100 Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term. The stated goal is to encourage efficiency and transparency for the virtual asset investors within the global marketplace. The step also follows the successful launch of bitcoin sentiment data in March 2018.

Earlier in May, Thomson Reuters launched a price data feed for virtual currencies, ‎dubbed “Cryptocurrency Real Time Rates,” building on the success of similar ‎benchmarks that leverage price data from a suite of crypto exchanges.‎