Interbank FX Volumes Rise in November as Both FXall and Thomson Reuters Post Gains

Thomson Reuters has reported its November trading volumes. During the month, average daily volumes (ADV) on the firm’s FX interbank Liquidity trading platforms were $104 billion. The figure was 7% above October’s ADV of $97 billion, but 6% below the same period last year. The $104 billion ADV reversed declines at Thomson Reuters, where activity hit a multi-year low in October.

Also reported were volumes trading on Thomson Reuters' FXall platform. During the month, the combined relationship and ECN ADV on FXall totaled $108 billion, 2% above October’s figures, and a 14% increase from the same period in 2012. Overall, the volumes were similar to results seen from the CME and EBS earlier this month, which also posted month-to-month volume increases, but was still well below highs posted earlier this year.