ICAP EBS reports FX volumes down 2% in May


All of ICAP’s electronic brokering businesses slowed in May, except US Treasury trading, which was up a whopping 58%.

ICAP’s Forex ECN unit EBS reported May FX trading volumes at $126.0 billion (average daily volume for the month), down 2% from April and down 4% from last year May. 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.

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

 

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ICAP EBS reports FX volumes down 2% in May

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