Thomson Reuters Volumes At 11 Month High, FXall Flat

Tuesday, 11/06/2013 | 13:55 GMT by Ron Finberg
  • Thomson Reuters has just reported May trading volumes for its electronic Spot FX trading platforms. During the month average trading volumes at Thomson Reuters rose to $140 billion, an 11 month high for the trading venue
Thomson Reuters Volumes At 11 Month High, FXall Flat
thomson reuters logo

Thomson Reuters has just reported May trading volumes for its electronic Spot FX trading platforms, Thomson Reuters Dealing, Matching and Reuters Trading for FX, as well as announcing activity of its recent Acquisition FXall. During the month average trading volumes at Thomson Reuters rose to $140 billion. The activity was the highest since June 2012, and marked a 7.7% MoM increase from April’s $130 billion ADV figure. At FXall, ADV remained steady at $108 billion, matching April’s figures and slightly below the unit’s all-time high of $110 billion that was recorded on both February and March of this year. FXall volumes are composed of the platform’s Relationship and Active Trading services.

The volume growth at Thomson Reuters contrasted to rival FX ECN EBS, which saw average daily volumes fall 2% MoM to $126 billion. As a result, Thomson Reuters once again held onto the top spot among publically reporting venues. The drop in EBS volumes as compared to both Thomson Reuters and the CME is surprising given EBS’s strong position in yen trading, which remained active during May.

thomson reuters logo

Thomson Reuters has just reported May trading volumes for its electronic Spot FX trading platforms, Thomson Reuters Dealing, Matching and Reuters Trading for FX, as well as announcing activity of its recent Acquisition FXall. During the month average trading volumes at Thomson Reuters rose to $140 billion. The activity was the highest since June 2012, and marked a 7.7% MoM increase from April’s $130 billion ADV figure. At FXall, ADV remained steady at $108 billion, matching April’s figures and slightly below the unit’s all-time high of $110 billion that was recorded on both February and March of this year. FXall volumes are composed of the platform’s Relationship and Active Trading services.

The volume growth at Thomson Reuters contrasted to rival FX ECN EBS, which saw average daily volumes fall 2% MoM to $126 billion. As a result, Thomson Reuters once again held onto the top spot among publically reporting venues. The drop in EBS volumes as compared to both Thomson Reuters and the CME is surprising given EBS’s strong position in yen trading, which remained active during May.

About the Author: Ron Finberg
Ron Finberg
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