FX news: Volumes seasonally soft
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Foreign Exchange

FX news: Volumes seasonally soft

Volumes for December naturally took a nosedive because of the Christmas period.

Thomson Reuters ADV for December was in excess of $110 billion, which represents the average amount traded daily on Thomson Reuters Dealing, Matching and Reuters Trading for FX. This is significantly less than November’s reported volume of $147 billion. However it was 4% higher than December 2009 volumes.

CME averaged 811,000 contracts a day in December, reflecting ADV of $107 billion. This is down on November’s ADV of $131 billion but is up 10% compared with the same period a year ago.

EBS reported ADV of $112.1 billion, which is equal to the same period last year.

Volumes for CLS and Hotspot were not available at the time of going to press but are expected to be broadly similar.

Gift this article