FXall commits to monthly volume reports going forward.
Newly-public Forex ECN FXall, which until now had reported volumes just on a quarterly basis, committed to reporting volumes on a monthly basis (as do competitors ICAP, Hotspot FX, and Thomson Reuters), and began by showing us a very nice month of March, with its second-highest ever month volume-wise of $90.4 billion.
As March (and Q1) numbers begin to pour in, it seems as though there is a bit of a mixed message out there, with volumes not universally up (e.g. ICAP’s slow March) after an acknowledged industry slowdown in late ’11 / early ’12. Stay tuned…
For more on the global Forex industry see the LeapRate Dow Jones Forex Industry Report.