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Screenshot of a breaking news alert e-mail from Q2 2017
Thomson Reuters Corp (NYSE:TRI) has published their Forex volume metrics for June 2016, with spot FX volumes rebounding to 23% higher MoM to $116 billion from May’s $94 billion due to the UK’s EU referendum induced volatility. The massive volatility on Brexit day saw Reuters FX trading platforms report 3x the normal volume the Friday of the vote.
Spot FX annual comparisons were also positive, as the ADV in June 2016 was 7% higher from the reading of $108 billion registered in June 2015.
Other volumes including swaps, forwards and options averaged $278 billion a day in June 2016, up 9.8% MoM from May’s $253 billion, and rising 4.1% YoY from June 2015’s $267 billion.
As a result of the above segments performance, the total MoM ADV was up nicely, up 13.5% to $394 billion from May’s $347 billion, and up YoY 5% from June 2015’s $375 billion. June was the best performing month since the start of the year for both segments.