Volumes turned up in June
The FX market bounced back nicely in June. This month sees the welcome addition of numbers from Thomson Reuters, which says it will now publish its monthly figures on the new www.hihifrds.com portal. The company saw a combined monthly spot volume of around $132 billion on its Thomson Reuters Dealing, Matching and Reuters Trading for FX services. This was a 17% increase on its turnover in May.
Meanwhile, the CCME says an average of 702,000 of its FX contracts, worth a notional $89 billion, traded each day in June. This was a drop of 8% on June 2008, but a rise of 29% on May. Icap also saw a solid rise. Average daily volume on its EBS platform was $147.4 billion, a rise of 10% on the month.