NEX Markets EBS Reports FX Trading Volumes in Line with Industry Trends

The monthly trading volumes report from NEX Markets has been released, showing consistency amongst major electronic trading venues for foreign exchange. With the European Central Bank’s dovish message around the end of the month, market participants have become more active.

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Spot FX trading via NEX Markets’ EBS electronic Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term amounted to $80.6 billion daily. The figure is 17 percent lower month-on-month and 5 percent higher on a year-on-year basis. The number falls in line with broader industry trends.

Throughout the month of October, trading started slowly, picking up materially only after the key risk event of the month, the European Central Bank’s monetary policy meeting. The press conference in the aftermath of the event yielded substantial 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 prompting traders to increases their exposure to the currency markets.

Japanese yen trading also picked up somewhat as the re-election of Prime Minister Shinzo Abe prompted speculation for a more protracted period of pro rates in Japan.

Fixed Income Markets

Trading of US Treasuries via EBS Markets was more or less flat for the month of October at $160.1 billion per day. The number was 2 percent higher when compared to the same month last year.

US Repo trading was higher by 5 percent both on a monthly and yearly basis, netting to $247.5 billion daily.

European repo changes were negligible month-on-month with the total figure of $244.5 billion representing a 2 percent decline. The number, however, was higher by 30 percent when compared to last year. This figure represents the fastest growing segment for NEX Markets during the year, registering a 25 percent increase.

On a 12 month average basis, growth in FX was 5 percent, while US Treasuries and US Repos rocked higher by 3 and 4 percent respectively.