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

Thomson Reuters trading volumes rise 6% in September

Thomson Reuters, the inter-dealer trading platform, said average daily FX spot volumes grew 6% in September, reaching the second-highest level on record.

Average daily trading volumes in September rose 32% from the same month a year ago, to more than $176 billion, the highest level this year and the second-highest recorded monthly figure. The highest ever average daily FX volumes of $186bn were recorded in May last year when the flash crash created extreme levels of market volatility. Jas Singh, global head of treasury at Thomson Reuters, said that all euro-based currency pairs saw higher than average volumes as a result of the falling confidence in the eurozone. Trading volumes in commodity-based currencies, whilst significant, remained level with August, whilst volumes grew in emerging market currencies, such as the Russian rouble, Indian rupee and Singapore dollar.

Average daily FX volumes correspond to the average daily amount traded on the company’s main FX spot trading services – Thomson Reuters Dealing, Matching and Reuters Trading for FX.

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