Thomson Reuters' FX Volumes Well Above Average in October, Slightly Lower MoM
- The bull run in recent weeks created a profitable opportunity for industry players.
Thomson Reuters (NYSE:TRI) reported that average daily volumes (ADV) of currency trading topped $415 billion in October on the company’s main FX spot trading services. This total reflects trading volumes on Thomson Reuters Matching and FXall in all transaction types, including spot, forwards, swaps, options, and non-deliverable forwards.
The figure was in excess of $400 billion for the third month in a row as a resurgence in 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 sparked more trading. However, Thomson Reuters’ daily turnover was lower 2.4 percent month-over-month from $425 billion in September 2018, though it outpaced the trading turnover from the same month a year ago, marking a gain of 7.1 percent year-over-year from $397 billion in October 2017.
Volatility is coming back slowly to FX markets after a subdued summer season. The bull run in recent weeks created a profitable opportunity for industry players, from major venues, including the likes of ICE and CME Group, to an array of retail-focused FX brokerages.
Despite a recovery in sentiment across financial markets, with USD in particular posting impressive gains, the recent jump in volumes has been comparatively modest in relation to the first quarter. The October volumes were well below the $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 . 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 July, 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.
Thomson Reuters (NYSE:TRI) reported that average daily volumes (ADV) of currency trading topped $415 billion in October on the company’s main FX spot trading services. This total reflects trading volumes on Thomson Reuters Matching and FXall in all transaction types, including spot, forwards, swaps, options, and non-deliverable forwards.
The figure was in excess of $400 billion for the third month in a row as a resurgence in 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 sparked more trading. However, Thomson Reuters’ daily turnover was lower 2.4 percent month-over-month from $425 billion in September 2018, though it outpaced the trading turnover from the same month a year ago, marking a gain of 7.1 percent year-over-year from $397 billion in October 2017.
Volatility is coming back slowly to FX markets after a subdued summer season. The bull run in recent weeks created a profitable opportunity for industry players, from major venues, including the likes of ICE and CME Group, to an array of retail-focused FX brokerages.
Despite a recovery in sentiment across financial markets, with USD in particular posting impressive gains, the recent jump in volumes has been comparatively modest in relation to the first quarter. The October volumes were well below the $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 . 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 July, 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.