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Screenshot of a breaking news alert e-mail from Q2 2017
Thomson Reuters just released February volume data across all Forex trading platforms, daily spot trading volumes fell in February by 10%, a month marked by high volatility across financial markets, with Oil and China demanding much of the headline risk.
Spot currency trading volume totaled $111 billion last month, down 10% from $123 billion in January, and down 2.6% from the $114 billion recorded in February last year.
The decline in the first two months of the year compared to the same period a year ago was even greater, strengthening the view that tighter bank regulation, fragile emerging markets and lighter global trade flows are hitting the world’s largest financial market.
That brought the total so far this year to $234 billion, down from $249 billion the same period last year and $261 billion in 2014. That’s down some 17% from the $283 billion recorded in January and February of 2013.
Total Forex trading volume across Thomson Reuters platforms, including forwards, swaps, options and non-deliverable forwards (NDFs) fell 5.5% on the month to $356 billion in February from $377 billion in January.
Total volume is in line compared with February in the preceding three years: $355 billion (2015), $357 billion (2014) and $352 billion (2013).
For official Thomson Reuters Forex volume data click here.