NEX Markets’ EBS Volumes Snap Recent Growth, Retreating in March

Wednesday, 04/04/2018 | 10:10 GMT by Jeff Patterson
  • EBS FX volumes continued to see a strong performance relative to 2017, though declined by 14% relative to February
NEX Markets’ EBS Volumes Snap Recent Growth, Retreating in March
NEX

NEX Markets has reported its EBS electronic Trading Platform volumes for March 2018. The latest figures snap a recent growth in the venue’s FX volumes on a monthly basis. EBS volumes did, however, continue to see a strong performance relative to 2017, with Volatility now driving most activity.

Brokers and ECNs have been seeing much stronger volumes in 2018 across the board. Whereas 2017 was defined by pockets of volatility and otherwise subdued trading periods, this year has been much more dynamic. Despite this trend, NEX Markets’ EBS volumes did see a negative reading for the first time in 2018.

Looking specifically at spot FX trading at NEX Markets’ EBS electronic trading platform, a figure of $92.8 billion daily was reported during March 2018. This justified a decline of -14.3 percent relative to $108.3 billion daily in February 2018. However, on a year-over-year basis, the latest reading in March also was an improvement over its 2017 counterpart, by a margin of 7.3 percent from just $86.5 billion daily in March 2017.

There are a number of headwinds that markets will be grappling in 2018. A potential impact of a trade war between the US and other countries stands to shake up markets, while other risk factors also loom. It should be noted that EBS’ FX figures were largely on par with other exchanges and venues across the industry.

Fixed income market review

Looking to US Treasuries, EBS Markets also experienced a double-digit decrease its volumes on a monthly basis. The latest reading was reported at $188.9 billion per day in March 2018, down by -20.9 percent on a monthly basis from $238.7 billion in February 2018. The figure was also higher by over 9.8 percent when measured against its March 2017 counterpart ($172.0 million).

NEX Markets has reported its EBS electronic Trading Platform volumes for March 2018. The latest figures snap a recent growth in the venue’s FX volumes on a monthly basis. EBS volumes did, however, continue to see a strong performance relative to 2017, with Volatility now driving most activity.

Brokers and ECNs have been seeing much stronger volumes in 2018 across the board. Whereas 2017 was defined by pockets of volatility and otherwise subdued trading periods, this year has been much more dynamic. Despite this trend, NEX Markets’ EBS volumes did see a negative reading for the first time in 2018.

Looking specifically at spot FX trading at NEX Markets’ EBS electronic trading platform, a figure of $92.8 billion daily was reported during March 2018. This justified a decline of -14.3 percent relative to $108.3 billion daily in February 2018. However, on a year-over-year basis, the latest reading in March also was an improvement over its 2017 counterpart, by a margin of 7.3 percent from just $86.5 billion daily in March 2017.

There are a number of headwinds that markets will be grappling in 2018. A potential impact of a trade war between the US and other countries stands to shake up markets, while other risk factors also loom. It should be noted that EBS’ FX figures were largely on par with other exchanges and venues across the industry.

Fixed income market review

Looking to US Treasuries, EBS Markets also experienced a double-digit decrease its volumes on a monthly basis. The latest reading was reported at $188.9 billion per day in March 2018, down by -20.9 percent on a monthly basis from $238.7 billion in February 2018. The figure was also higher by over 9.8 percent when measured against its March 2017 counterpart ($172.0 million).

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
  • 5448 Articles
  • 113 Followers

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