Trading volumes at Fastmatch declined during the month of July. Trading activity on the newly acquired by Euronext Electronic Communications Network for trading foreign exchange was subdued. The drop is consistent with seasonal patterns across the FX market in July and August.
Despite increasing volatility of the US dollar index, which marked new 12 months lows in recent weeks, big money continued to stay out of the market. Political turmoil and monetary policy uncertainty failed to spark increased trading interest in the institutional space.
Fastmatch reported a decline in ... (read more)