Thomson Reuters September FX volumes up 16%

… but still remain well below last year’s levels.

Thomson Reuters announced their September FX ECN volumes at $133 billion per day — 16% above August’s anemic $115 billion, but still 24% below last year September’s $176 billion, and the $150B+ monthly figures seen throughout most of 2011.

We are seeing a very clear pattern that September industry FX volumes were well improved over July and August, as volatility picked up post Labor Day in the currency markets, but volumes have not yet returned to last year’s levels. And, as margin compression continues, the FX industry is becoming less profitable for both money makers and agency firms alike.

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



Related News


Thomson Reuters September FX volumes up 16%


Send this to a friend

Subscribe to LeapRate
Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: