That came after trading slowed prematurely in December as financial markets remained risk averse in light of continuing economic uncertainty, especially in the eurozone, the interdealer broker said. Average daily spot FX volumes on the EBS platform in December were $95.7 billion, a decrease of 15% over the previous year Separately, CLS Group, the multi-currency cash settlement system, said average daily value of its settlement for 2011, were up 15% in 2011 to $4.8 trillion asnd average daily trade volumes were up 3% to 820,495 (the trades are double counted).
See table below:
Average Daily Volume
2011: 820,495
2010: 792,900
2009: 589,000
2008: 547,105
2007: 369, 998
2006: 253,778
2005: 196,758
Average Daily Value
2011: $4.8trn
2010: $4.1trn
2009: $3.4trn
2008: $4.0trn
2007: $3.6trn
2006: $2.7trn
2005: $2.1trn