EBS Volumes Rebound in March, NEX Group Fixed Income Solid

March has been a relatively calm month for the foreign exchange markets. Save for some one off 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 events like the US Fed meeting and the ECB presser, markets have traded calmly within recent ranges.

NEX Group’s electronic trading division, NEX Markets, has just reported its trading volumes data for March. The company’s foreign exchange platform, EBS, registered $86.5 billion worth of transactions daily. The figure is higher by 7 percent when compared to February and by 3 percent when compared to March 2016.

On a 12 month average basis, the company’s trading volumes are lower by 8 percent between March 31st 2016 and March 31st 2017.

Fixed Income

The company’s US fixed income business saw an increase of 11 percent year-on-year and was more or less flat when compared to February. The volumes of US treasuries transacted via the company’s electronic trading facilities amounted to $172 billion daily.

EU and US repos posted year-on-year increases, 5 and 17 percent respectively. European repo transactions amounted to $215 billion daily, which is flat month-on-month. US repo figures stood at $225.2 billion, a figure that is higher by 11 percent when compared to February 2017.

FX Volumes Trends

The year is starting slowly for foreign exchange trading, given the increased expectations in the aftermath of the US election. Trading volumes in FX have been higher than last year at most institutional trading venues, but much lower when compared to November and some parts of December.

Future volatility hinges on a number of risk events, such as the French election, Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term negotiations and US political uncertainty.