Foreign Exchange Trading via Thomson Reuters Hits Multi-Year Lows

One of the leading 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 electronic communications networks (ECNs), Thomson Reuters, has reported its figures for the month of December 2016. The company did not remain unaffected by the seasonally weak final month of the year.

Thomson Reuters marked a total of $82 billion daily for spot trading. The number is the lowest since 2012. Trading volumes were lower by 19 percent when compared to November and by 10 percent when compared to December 2015.

Looking at the totals, trading volumes inches lower on a monthly basis to $349 billion a day. The figure was higher by almost 4 percent.

The foreign exchange ECN of Thomson Reuters had been performing solidly throughout 2016 with trading volumes ticking higher in the latter part of the year.

The post-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 and the post-Trump periods have been the strongest for the industry last year, with trading volumes at a number of brokerages and venues hitting record highs. Competition in the ECN area has been increasing with the rise of companies that are also publicly reporting numbers like GTX and Fastmatch.