EBS Volumes Sharply Higher by 21% in August, Highest Since March

Volumes at ICAP's EBS have risen sharply during the month of August, coming out the highest since March this year, when geopolitical factors affected the currency markets worldwide. The move is restoring prospects for higher volumes at ICAP, gradually positioning a base after the declines it experienced throughout the previous quarters, ceding market share to Thomson Reuters.

Electronic trading on the EBS platform totaled $85.5 billion in Average Daily Volumes (ADV), which is higher by 21% when compared to July, and higher by 9% over August 2013.

It seems that the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term electronic trading division of ICAP is finally taking a breather as rising Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term during the month of August contributed to rising volumes across the board.

After the low market earlier this year in April at $68.5 billion, August marks the first substantial increase since January 2013. The figures have been reported by ICAP in a regulatory filing just before the London market close.

The trend confirms the theory voiced by Forex Magnates, that the worst of the benign volatility on the FX market is behind us, at least for this year. Earlier today we saw the euro hitting a new 13-month low, erasing barriers at 1.3000 following the ECB's press conference.