Thomson Reuters Reports April 2015 Volumes, FX Spot Falls MoM

Thomson Reuters has reported its volumes for the month ending April 2015, which were characterized by declining volumes MoM from March 2015, according to a Thomson Reuters statement.

The lackluster volumes in April could not build off of a sterling performance back in March 2015, having yielded total 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 (FX) average daily volume (ADV) of $402 billion, or 13.2% above February 2015, and 8% higher than the corresponding figure posted in the same period in 2014.

For the month ending April 2015, ADV for FX trading on Thomson Reuters platforms came in at just $369 billion, or a fall of -8.2% MoM. Over a yearly timeframe, total ADV managed to jump 5.1% MoM from $351 billion in April 2014.

More specifically, average daily spot FX volume was only $118 billion in April 2015, down -10.6% from $132 billion in March 2015. However, when weighed against its yearly counterpart, spot FX volume managed to rise 14.5% YoY from $103 billion in April 2014.