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Screenshot of a breaking news alert e-mail from Q2 2017
Reporting for August a month-over-month change higher of 2%, NEX Group PLC (LON: NXG) sees their spot forex business steady, with FX volumes year-over-year a solid 27% greater.
August 2017 produced volumes on the company’s anonymous forex matching platform, EBS MarketFX of $83 billion, while July 2017 was just a touch lower at $81.6 billion.
During the last summer of August 2016, the spot FX business achieved just $65.5 billion.
NEX Group, formerly known as ICAP volume figures cover electronically traded products – spot foreign exchange, US Treasury products, European and US repo products.
Complete results are in the following table:
NEX Markets Volumes – August 2017
|Average daily volume (in USD billions, single count)|
|August||YoY% change||July||MoM% change||12 Months ended 31 August||% change|
|European Repo (in EUR billions)||165.7||228.0||38%||228.0||0%||172.7||208.3||21%|