The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

FX news: Low volume August

Volumes reported for August were down to their lowest levels of the year. If the cause is summer doldrums, we should see some pick up in September. The figures (Icap/EBS up only 4% year on year, Thomson Reuters up only 7%) are somewhat disappointing compared with the first half of the year, but the market has become more range-bound since the plunge in EUR/USD abated.


Total average daily volumes on the EBS platform were $127.6 billion, down from $133.3 billion in July and up from $122.3 billion in August 2009.


Thomson Reuters average daily FX spot volumes (representing the average amount traded daily on Thomson Reuters main FX spot trading services: Thomson Reuters Dealing, Matching and Reuters Trading for FX) were slightly over $124 billion, broadly flat on July and up from $116 billion in August 2009.


Average daily volume at CLS told a similar story of a slight decrease against July, volume was down 4% while average daily values were slightly higher at $3.95 trillion compared with $3.93 trillion.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree