LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
FXall’s $123 billion ADV January included a $197 billion day, its highest tally ever. China volume record too.
Looks like 2014 is getting off to a great start in the institutional forex world. After seeing ICAP’s EBS platform climb 23% from December (although still well behind last year), Thomson Reuters’ own Forex ECN platform as well as its FXall service both hit it out of the park in January.
FXall reported volumes of $123 billion (average daily volumes) in January — up 10% from December, up 13% from last year, and most importantly its best ever month volume-wise. Thomson Reuters FX saw volumes up 21% from December to $117 billion.
Thomson Reuters also reported that Chinese Yuan CNH volumes hit records in January, and were the seventh most popular pair on Thomson Reuters Matching. Clearly, Yuan trading is catching on with the institutional crowd.
And clearly, Thomson Reuters is leading the Forex ECN pack.
Forex Industry Report