NEX Group Posts Small Rebound in June Trading Volumes

[kreslik.news]

NEX Markets, the electronic markets subsidiary of NEX Group, has just published its latest trading volumes report. During the month of June, the company reports an increase of 2 percent month-on-month in its spot foreign exchange transactions business, marking $83.3 billion daily.

The number is lower by 12 percent when compared to last year, however a special factor is in play with the UK Brexit referendum sharply distorting the numbers in June 2016.

For the 12 months ending June 30th 2017 the SpotFX unit of NEX Markets marked an average of $82.6 billion daily, which is lower by 5 percent when compared ... (read more)