Both Forex.com (retail) and GTX (institutional) saw rising volumes in August, though still below Jan-Jun metrics. After seeing August volumes drop by 20%, US forex broker Gain Capital did see some improvement in September, as overall forex trading volumes rose 4% to $409 billion -- $130 billion at Forex.com and $279 billion at Gain GTX.…
Read moreWhat is wrong with Saxo Bank? The folks at Saxo Bank picked an interesting time to start publishing their forex trading volumes. After hitting a high of $427 billion in January, Saxo Bank has seen its forex trading volume metrics decline steadily in seven of the following eight months, including the five most recent months…
Read more... however that was off a weak August base. Year-over-year, EBS volumes are down 27%. Is this an indication of forex industry weakness during September, or indicative of problems specifically at ICAP and its EBS forex ECN unit? Our take? Probably a little bit of both. After August EBS volumes were at their lowest levels…
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