EBS Trading Volumes Plunge in March, Paring YTD Growth

[kreslik.news]

ICAP has reported its trading volumes on its electronic foreign exchange (FX) platform EBS for March 2016, which for the second consecutive month marks a declining figure and by far its lowest performance of 2016 thus far, according to an ICAP statement.

More specifically, EBS’ FX volumes totaled just $83.7 billion daily in March 2016, constituting a decline of -18.4% MoM from $102.6 billion in February 2016 – the latest figures also shattered what had been a relatively narrow range of consolidation across EBS’s volumes over the past three months, which has now fallen below a $100.0 billion ... (read more)