FXall and Thomson Reuters report growth in January volumes

January was a very strong month across the board in the FX world.

After a 2012 which many FX brokers want to forget, as low market volatility kept trading volumes low, 2013 has clearly begun with a bang. After healthy January volume reports from Forex ECN ICAP EBS and from the CME Group (FX futures) — as well as record volumes seen at leading Japanese retail FX broker GMO Click — we now get similarly strong January figures from Thomson Reuters, and its subsidiary FXall.

FXall had a best-ever month at $109 billion average daily volume, up 32% from last year January (and up 9% from December). Thomson Reuters’ FX spot volume came in at $126 billion daily in January — up 24% from December, but 1% below last year January.

Fairly soon, we expect to see Thomson Reuters and FXall formally merge their respective FX businesses, under the management of the FXall team.

For more on the global FX market see the LeapRate-Dow Jones Forex Industry Report.

 

 

 

Read Also: