NEX Group market volumes continue to drop in April

NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announced today its trading statement for the month of April 2018.

Spot FX results were USD83.4 billion, 10% lower than previous month.

US Treasury’s numbers were also down with 18% MoM.

The complete results can be seen in the table below:

NEX Markets Volumes – April 2018

Average daily volume (in USD billions, single count)
April YoY% change March MoM% change 12 Months ended 30 April % change
2017 2018 2018 2017 2018
US Treasury 167.1 155.1 (7%) 188.9 (18%) 165.9 166.8 1%
US Repo 212.5 233.6 10% 264.8 (12%) 219.9 242.4 10%
European Repo (in EUR billions) 218.9 255.4 17% 268.4 (5%) 189.6 240.5 27%
Spot FX 76.1 83.4 10% 92.7 (10%) 82.8 86.9 5%

Volume information includes UST Benchmarks and Agencies. Off-the-Run securities, including T-Bills, are provided pursuant to an agreement with ICAP Securities USA LLC.

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