FX Volatility Helps Trading Volumes Rebound at Thomson Reuters
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FX Volatility Helps Trading Volumes Rebound at Thomson Reuters
Thomson Reuters (NYSE:TRI) said that financial market turbulence in June has kept FX traders busy, boosting volumes along with volatility. Price swings in the $5-trillion a day foreign exchange market jumped to fresh multi-year highs last month.
Volatility is back to FX markets after a subdued May, which was one of the calmest months in 2018. However, Thomson Reuters Matching and FXall venues ended the first half on a promising note as the last few weeks were characterized by a number of influential factors across global markets, including policy speculation in both the US and Europe, which ultimately helped spark volatility.
The ... (read more)
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