Thomson Reuters Spot FX volumes dip 3% in May to $94 billion


Thomson Reuters Corp (NYSE:TRI) has published their Forex volume metrics for May 2016, with spot FX volumes continuing to slide after a hot start to the year, where China and oil risk led trading volumes higher.

Spot FX volumes averaged $94 billion a day in May 2016, down 3% from the result of $97 billion reported in April 2016. The annual comparison was also negative, as the ADV in May 2016 was 14.5% off from the reading of $110 billion registered in May 2015.

Other volumes including swaps, forwards and options averaged $253 billion a day in May 2016, down 8.3% MoM from April’s $276 billion, but rising 4.1% YoY from May 2015’s $243 billion.

As a result of the above segments, the total ADV MoM declined, down 7% to $347 billion from April’s $373 billion, and down YoY 1.7% from May 2015’s $353 billion.

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Thomson Reuters Spot FX volumes dip 3% in May to $94 billion

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