Meanwhile, average daily volumes (ADVs) on FXall, the leading multi-dealer platform for non-financial corporates and asset managers which was acquired by Thomson Reuters in July went up slightly last month.
November ADVs on Thomson Reuters Dealing, Matching and Reuters Trading for FX, the companys main FX spot trading service, fell by 7.5% to $111 billion from $120 billion in October.
Thomson Reuters November ADVs ($billions)
Source: Thomson Reuters
FXalls November ADVs which represent the average amount traded daily, counting one side of the trade on the platforms main relationship trading and active trading services increased by 1% to $95 billion from $94 billion in October.
Year-on-year, Thomson Reuters ADVs remain down by 26% from $150 billion in November 2011. However, FXalls year-on-year ADVs stayed in positive territory, up 15% from the $82 billion seen in November 2011.
ADVs on Icap-owned EBS Thomson Reuters leading competitor rose in November to $103.8 billion after hitting an all-time record low in October.