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Screenshot of a breaking news alert e-mail from Q2 2017
All of parent ICAP’s electronic brokering businesses were up in June over May, although Forex saw the smallest increase at 2%.
ICAP’s Forex ECN unit EBS reported June FX trading volumes at $128.8 billion (average daily volume for the month), up 2% from May but down 6% from last year June. After two strong months to start the year, things have slowed down a little as EBS fights it out with Thomson Reuters and FXall for leadership of the Forex ECN sector.
We should get Thomson Reuters and FXall figures in the coming days for comparison. Stay tuned to LeapRate…