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Screenshot of a breaking news alert e-mail from Q2 2017
NEX Group plc (LON: NXG), formerly known as ICAP plc has published their average daily volume data for July 2017.
The volume figures cover electronically traded products – spot foreign exchange, US Treasury products, European and US repo products.
NEX Electronic Markets Volumes – July 2017
|Average daily volume (in USD billions, single count)|
|July||YoY% change||June||MoM% change||12 Months ended 31 July||% change|
|European Repo (in EUR billions)||169.4||228.0||35%||220.2||4%||173.6||202.8||17%|
Volumes as seen above were down 2% MoM, but higher YoY by 1%.
This has been a weaker year overall up this point for Forex volumes. Case in point, for NEX Group, its rolling metric for the 12 months ending on July 31st 2017, volumes stand at $82.7 billion, this is 5% lower then the same period from 2016 where volumes were at $86.7 billion.
EBS Market is NEX Group’s anonymous matching platform. It is trusted by thousands of trading institutions for transparent, reliable price discovery and execution in the widest range of spot FX, Non-Deliverable Forwards (NDFs) and precious metals.