Thomson Reuters Retakes Top Spot in March

Monday, 08/04/2013 | 18:07 GMT by Ron Finberg
Thomson Reuters Retakes Top Spot in March
thomson reuters logo

Thomson Reuters has published average trading volume (ADV) for March. During the month ADV was $131 billion. Despite the 4.4% month over month decline, Thomson Reuters retook the top spot among publicly reporting FX venues as volumes at previous number one, EBS, had dropped 19% to $121 billion ADV. After holding the top spot for all of 2012, Thomson Reuters was surprisingly knocked off as EBS experienced a surge of trading activity during January and February.

Thomson Reuters reportedly has a stronger hold in the non-major currency pairs. As such, with declines in yen trading taking place during March, the diversity among Thomson Reuters volumes could be a factor as to why their month over month decline well outperformed that of EBS.

Looking ahead, volume figures from Hotspot FX are the remaining major public trading venue that has yet to report its monthly data.

thomson reuters logo

Thomson Reuters has published average trading volume (ADV) for March. During the month ADV was $131 billion. Despite the 4.4% month over month decline, Thomson Reuters retook the top spot among publicly reporting FX venues as volumes at previous number one, EBS, had dropped 19% to $121 billion ADV. After holding the top spot for all of 2012, Thomson Reuters was surprisingly knocked off as EBS experienced a surge of trading activity during January and February.

Thomson Reuters reportedly has a stronger hold in the non-major currency pairs. As such, with declines in yen trading taking place during March, the diversity among Thomson Reuters volumes could be a factor as to why their month over month decline well outperformed that of EBS.

Looking ahead, volume figures from Hotspot FX are the remaining major public trading venue that has yet to report its monthly data.

About the Author: Ron Finberg
Ron Finberg
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