Becoming clear why Thomson Reuters bought FXall.
Divergent results from Thomson Reuters and its recently-acquired subsidiary FXall in November. Thomson Reuters saw its November FX volumes drop by 8% to $111 billion (average daily volume during the month), while FXall rose slightly, by 1%, to $95 billion.
Thomson Reuters’ volumes remain more than 25% below last year’s levels, while FXall’s are about 15% higher.
For more on the global FX market see the LeapRate-Dow Jones Forex Industry Report.