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.
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