Investing.com - Financial Markets Worldwide

Thomson Reuters currency volumes dip in July

Published 2015-08-11, 09:52 a/m
© Reuters. Thomson Reuters currency volumes dip in July
EUR/USD
-
USD/JPY
-
NXGN
-
TRI
-

LONDON, Aug 11 (Reuters) - Daily foreign exchange volumes on
currency platforms run by Thomson Reuters TRI.TO fell 6
percent to $353 billion last month from July's levels, the
company said on Tuesday.
The data also showed average spot daily volumes in July fell
to $101 billion, from $108 billion in June, and a tad higher
than that clocked in July last year when volumes fell to $99
billion.
The drop in volumes on the Thomson Reuters platform was
mainly because of the summer lull when traders and investors
tend to go on holidays. It mirrored a dip on the rival EBS
platform, owned by the world's largest inter-dealer broker, ICAP
IAP.L .
Trading volumes on the EBS trading platform fell by a fifth
last month, dropping to an average of $82 billion a day from
$101 billion in June.
Trading on EBS - the main venue for banks and other major
institutions to trade the euro EUR= , yen JPY= and Swiss
franc CHF= against the dollar - was still up 16 percent on a
year ago, when the platform was just emerging from a prolonged
drop in volumes.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.