EBS Trading Volumes Remain Flat in May, Materially Higher YoY

The trading volumes on the EBS electronic 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 Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term remained more or less flat in May, declining about 1 percent to $95.9 billion daily when compared to the previous month.

The average daily volumes (ADV) remained almost a third higher than a year ago, demonstrating the robustness of ICAP’s EBS Business. Other similar platforms, such as BATS Global Markets owned Hotspot FX have barely registered any year-on-year growth in May.

The figures confirm that the foreign exchange market remains way more lucrative for trading than at the same time last year. A number of analysts have already considered a last minute Greek deal unlikely to materialize this time around, and Barclays research advocates that the U.S. dollar might not even need a Fed rate hike in order to retain its strength.

In a note to clients of the bank, the foreign exchange research team of the British bank stated, “Validation by the Fed helps, but it’s returns to capital that ultimately drive currencies; rates are just a (decreasingly) good proxy. “Missingflation” and demographics may dampen the signal content of interest rate differentials, increasing focus on actual underlying returns to capital, where the US rules.”

US treasuries trading remained bullish, rising 27 percent during the month to an ADV of $189.2 billion when compared to April. The figure is higher by 13 percent when compared to the same time last year.