The three main OTC FX platforms have now reported their Jan 2014 volumes.
All three platforms delivered strong double-digit pct gains in volumes, with FXAll recording it’s highest single day trading volumes. The individual platforms results were as follows:
FXall: $123bln/day, up 10.8% on the $111bln/day in Dec 13, and 12.8% up compared to a year ago.
Reuters: $117bln/day, up 27.2% on the $92bln/day in Dec 13, but still 7.1% down compared to a year ago.
EBS: $87.5bln/day, up 23.2% on the multi-year low of $71bln/day in Dec 13, and still 38.1% down compared to a year ago.
Hotspot: $34bln/day, up 23.2% on the $27.6bln/day in Dec 13, and 25.5% up compared to a year ago.
According to Reuters, FXall recorded its largest ever single day’s volume of $197bln/day on 29th January, and both FXall and Reuters matching say record trading levels in Chinese Renminbi, whilst as reported earlier this week, EBS saw record volumes in Emerging Markets and NDFs. EBS figures now include their new EBSDirect relationship based disclosed pricing service.
FX volumes for Reuters, FXall and EBS-January 2014
Filed under: FX, OTC, Paul Blank |
[…] FXall sits within the Marketplaces group, and is currently one of the main growth stories within TR, as was shown by their strong January FX volumes. […]
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[…] $122bln/day, down 0.8% on the record $123bln/day in Jan 2014, and still 10.9% up compared to Feb 2013 level of […]