The three main OTC FX platforms have now reported their Aug 13 volumes.
All three major platforms saw drops in volumes, with EBS again suffering the most down -$11bln/day to $78.7bln/day a drop of -12% from July, and -18% YoY, and a new low for EBS volumes (since vols were reported, which started from Jan 2006).
Reuters matching were -6% and FXall down -5%.
All platforms continued to suffer from the summer slowdown in trading, and as mentioned last month, from the reduction in activity in JPY crosses, for which EBS is the major platform.
Filed under: FX, Paul Blank |
very interesting thank you “EBS and Reuters/FXall Aug 13 FX vols released
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