EBS Volumes Resume Downtrend in April, NEX Group Fixed Income Dwindles

Wednesday, 03/05/2017 | 14:42 GMT by Jeff Patterson
  • EBS' volumes ticked lower, stifling a recent growth seen last month across its FX and treasuries figures.
EBS Volumes Resume Downtrend in April, NEX Group Fixed Income Dwindles
NEX

NEX Group, a UK-based voice and electronic dealer broker and provider of post trade risk services, has released its latest tranche of monthly statistics and volumes covering its electronic foreign Exchange platform EBS for the month of March 2017.

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EBS’ April 2017 FX volumes were pointed lower, coming in at $76.1 billion in a month that was capped off with low Volatility . This corresponded to a month-over-month decline of -12.0 percent from $86.5 billion in March 2017. Outside of the French elections, markets were largely more subdued in April 2017, just one month removed from monetary policy action from the US Federal Reserve.

Comparing this figure on a year-over-year basis, April 2017’s volumes also incurred a decline, failing to capture its same level of success seen in 2016. This reflected a change of -7.5 percent year-over-year from $82.3 billion in April 2016. The latest reading is one of EBS’ latest figures in 2017, which pared a recent boost in volumes last month.

Finally, ICAP’s US Treasury activity during April 2017 was also trending lower, albeit continuing to undergo a retreat off of recent highs earlier this year. The latest reading showed a figure of just $167.1 billion in April 2017, lower by -2.8 percent month-over-month from $172.0 billion in March 2017.

This was inverted however when measured against April 2016, a boost of 15.6 percent year-over-year from $144.5 billion last year.

NEX Group, a UK-based voice and electronic dealer broker and provider of post trade risk services, has released its latest tranche of monthly statistics and volumes covering its electronic foreign Exchange platform EBS for the month of March 2017.

The London Summit 2017 is coming, get involved!

EBS’ April 2017 FX volumes were pointed lower, coming in at $76.1 billion in a month that was capped off with low Volatility . This corresponded to a month-over-month decline of -12.0 percent from $86.5 billion in March 2017. Outside of the French elections, markets were largely more subdued in April 2017, just one month removed from monetary policy action from the US Federal Reserve.

Comparing this figure on a year-over-year basis, April 2017’s volumes also incurred a decline, failing to capture its same level of success seen in 2016. This reflected a change of -7.5 percent year-over-year from $82.3 billion in April 2016. The latest reading is one of EBS’ latest figures in 2017, which pared a recent boost in volumes last month.

Finally, ICAP’s US Treasury activity during April 2017 was also trending lower, albeit continuing to undergo a retreat off of recent highs earlier this year. The latest reading showed a figure of just $167.1 billion in April 2017, lower by -2.8 percent month-over-month from $172.0 billion in March 2017.

This was inverted however when measured against April 2016, a boost of 15.6 percent year-over-year from $144.5 billion last year.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
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