Volumes at Thomson Reuters lowest in four years, down 11.5%

FXall marking a smaller, 7% drop in the final month of 2013, concluding a very strong year

The next batch of institutional volume numbers is here – Thomson Reuters and subsidiary FXall have announced lower volumes for the final month of 2013. The theme of the last 12 months has been of FXall slowly catching up and surpassing the parent company to conclude with all three months of Q4 with a higher volumes number. Thomson Reuters marked a drop to four year lows in December at $92 billion, which is markedly lower by 11% on November.

thomson reuters dec 2013

Meanwhile the FXall division that reports numbers separately has concluded what was a very strong year for the service. Despite the monthly drop of 7% to $100 billion, for the year metrics have steadily risen, resulting in a rise of 16% in total trading volumes for 2013 when compared to 2012. Major institutional FX liquidity providers seem to have had a slow month in December as most of the volatility observed was spread across the Japanese Yen crosses.

dec 2013 fxall

While Japanese brokerages GMO Click and Monex registered a nice rebound in trading volumes, the rest of the market seems to have stagnated during the holiday month.

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

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