Three of the main multi-bank FX platforms have now reported their Feb volumes.
Reuters and EBS showed continued strength, whilst FXall (also owned by Reuters) recorded a new monthly record.
The reported volumes are as follows:
EBS continuing the strong recovery it saw in January saw volumes rise 5% to $149bln/day retaining it’s position as the largest FX platform by volumes.
Reuters (including spot matching and dealing platforms) showed the largest gain up 9% to $137bln/day, with FXall showing a modest 1% increase although setting a new monthly record of $110bln/day.
The longer term trend of the three platforms can be seen here in the following chart.
Reuters volumes available here