Thomson Reuters sees 6.3% MoM drop in spot FX volumes in March


Thomson Reuters Corp (NYSE:TRI) has published the volumes metrics for March 2016, with the results in tune with what the bulk of the industry has displayed thus far – meaning that spot FX trading volumes staged a drop.

Spot FX volumes averaged $104 billion per day in March 2016, down 6.3% from the result of $111 billion registered in February 2016. The annual comparison failed to bring any positive piece of news either, as the March 2016 reading was down 21.2% from the $132 billion in spot FX ADV registered in March 2015.

Other volumes averaged $258 billion per day in March 2016, up 5.3% MoM. As a result, the total was also up in monthly terms (+1.7%) at $362 billion.

You can find out more details about Thomson Reuters’ volumes metrics by clicking here.

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Thomson Reuters sees 6.3% MoM drop in spot FX volumes in March

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