FX news: September volumes on the up
September volumes are on the up so far, which is expected after a slow summer.
EBS saw ADV of $146.8 billion, up on August which saw ADV of $127.6 billion (Low volume August).
CME volume for September averaged 951,000 contracts per day, reflecting ADV of $123 billion. This is up on August (Additional August volumes not bucking the trend) which averaged 818,000 contracts per day, reflecting ADV of $104 billion.