EBS Volumes Rebound in March, NEX Group Fixed Income Solid

[kreslik.news]

March has been a relatively calm month for the foreign exchange markets. Save for some one off volatility events like the US Fed meeting and the ECB presser, markets have traded calmly within recent ranges.

NEX Group’s electronic trading division, NEX Markets, has just reported its trading volumes data for March. The company’s foreign exchange platform, EBS, registered $86.5 billion worth of transactions daily. The figure is higher by 7 percent when compared to February and by 3 percent when compared to March 2016.

On a 12 month average basis, the company’s trading volumes are lower by 8 percent between March 31st ... (read more)