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Thomson Reuters' FX trading volumes hit record in February

Published 2018-03-06, 11:01 a/m
© Reuters.  Thomson Reuters' FX trading volumes hit record in February

LONDON, March 6 (Reuters) - Foreign exchange trading volumes on Thomson Reuters' platforms jumped by more than a third inFebruary from a year earlier, the company said on Tuesday, its second consecutive record month as a resurgence in volatility sparked more trading.

Average daily trading volumes topped $463 billion inFebruary, up from $432 billion in January and $338 billion a year earlier. Thomson Reuters said average daily volumes on its platforms have totalled $407 billion on a long-term basis.

Volatility in foreign exchange markets has risen from lowlevels this year as investors worry about the threat of risinginflation and as global central banks start withdrawing years ofpolicy stimulus.

A short but violent selloff in global stock markets in earlyFebruary also boosted volumes.

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