FXall Overtakes EBS, While Thomson Reuters Volumes Fall

Average daily volumes for October on Thomson Reuters FX dealing platform dropped to $120 billion from $133 billion in September and $155 billion the same period last year. The decline in volumes tracks the overall trend within institutional FX trading for October. Thomson Reuters cited traders in its network reporting that the continued decline in 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 and a drop of algorithmic trading as a cause of the drop in trading activity.

Elsewhere, Thomson Reuters also published figures for recently acquired FXall. The OTC FX ECN saw its ADV figures hit $94 billion for October, as it overtook rival FX trading venue EBS which reported ADV $92.6 billion for last month. In a rarity for the sector, FXall also saw improvement versus 2011 figures as its October 2012 volumes were 9.3% higher than last year’s figure of $86 billion.

Overall, the combined venues continue to increase their market share at EBS’s expense. Also, after previously experiencing volume gains before its Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term, the FXall unit appears like a solid purchase for Thomson Reuters and is set for further increases.