Thomson Reuters’ FX Volumes Well Above Average in October, Slightly Lower MoM

[kreslik.news]

Thomson Reuters (NYSE:TRI) said that average daily volumes (ADV) of currency trading topped $415 billion in October on the company’s main FX spot trading services. This total reflects trading volumes on Thomson Reuters Matching and FXall in all transaction types, including spot, forwards, swaps, options, and non-deliverable forwards.

The figure was in excess of $400 billion for the third month in a row as a resurgence in volatility sparked more trading. However, Thomson Reuters’ daily turnover was lower 2.4 percent month-over-month from ‎$425 billion in September 2018, though it outpaced the trading turnover from the same month a year ... (read more)