Thomson Reuters FX Volumes Hold in August Despite Summer Gloom

[kreslik.news]

Thomson Reuters (NYSE:TRI) said that average daily volumes (ADV) of currency trading were in excess of $400 billion last month on the company’s main FX spot trading services.

Volatility is coming back slowly to FX markets after a subdued July. The modest bull run lately has made a profitable opportunity for industry players, from major venues, including the likes of CME Group, to an array of retail-focused FX brokerages.

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In particular, Thomson Reuters saw a total average daily volume (ADV) of its foreign exchange (FX) products coming in at $403 billion in August ... (read more)