Interbank FX Volumes Rise in November as Both FXall and Thomson Reuters Post Gains
- Thanks to a pick up in volatility at the beginning of the month, volumes at both Thomson Reuters and FXall rose during November. At Thomson Reuters, the rise reversed a multi-year low set in October.
Thomson Reuters has reported its November trading volumes. During the month, average daily volumes (ADV) on the firm’s FX interbank Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term trading platforms were $104 billion. The figure was 7% above October’s ADV of $97 billion, but 6% below the same period last year. The $104 billion ADV reversed declines at Thomson Reuters, where activity hit a multi-year low in October.
Also reported were volumes trading on Thomson Reuters' FXall platform. During the month, the combined relationship and ECN ADV on FXall totaled $108 billion, 2% above October’s figures, and a 14% increase from the same period in 2012. Overall, the volumes were similar to results seen from the CME and EBS earlier this month, which also posted month-to-month volume increases, but was still well below highs posted earlier this year.
Thomson Reuters has reported its November trading volumes. During the month, average daily volumes (ADV) on the firm’s FX interbank Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term trading platforms were $104 billion. The figure was 7% above October’s ADV of $97 billion, but 6% below the same period last year. The $104 billion ADV reversed declines at Thomson Reuters, where activity hit a multi-year low in October.
Also reported were volumes trading on Thomson Reuters' FXall platform. During the month, the combined relationship and ECN ADV on FXall totaled $108 billion, 2% above October’s figures, and a 14% increase from the same period in 2012. Overall, the volumes were similar to results seen from the CME and EBS earlier this month, which also posted month-to-month volume increases, but was still well below highs posted earlier this year.