Thomson Reuters Reveals Dim Trading Volumes for August 2017

Thomson Reuters (NYSE:TRI) has reported its FX trading volumes for the month ending August 2017, which saw its comprehensive FX volumes pointed lower, failing to match its strong comeback in the previous month, according to a company statement.

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The latest figures failed to hold onto July's momentum, which by and large erased a lackluster Q2 2017 which saw volumes trending downward.

In particular, Thomson Reuters saw a total average daily volume (ADV) of its 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) products, including spot, forwards, Swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term options and non-deliverable forwards (NDF), coming in at $367 billion, an increase of 7 percent year-over-year from $353 billion in August 2016. However, the figure was lower compared to July 2017, marking a drop of 5.2 percent month-over-month from $387 billion the month earlier.

Of the $367 billion, $82 billion was FX spot, the lowest since December 2016 and also representing a notable drop over both monthly and yearly intervals. The latest figure reflects a 6.8 percent decline from the $88 billion set back for FX spot volumes in July 2017.

Other transaction types - including forwards, swaps, options and non-deliverable forwards (NDFs) - averaged $285 billion daily, down 4.7 percent from $299 billion the previous month.