NEX Markets’ Data Corroborates Recent Rebound in FX Volumes

[kreslik.news]

FX and U.S. Treasury trading volumes picked up in September 2018 as the steady ‎‎appreciation in US dollar coincided with the continued uptick of 10-year U.S. ‎‎yield which has recently reached its highest level in nearly seven years.

Daily volume in spot foreign exchange on NEX Markets’ platform, one of the ‎‎largest FX institutional trading platforms, averaged $86.1 billion last month, the highest since June and ‎‎up 2 percent from $84.7 billion in August 2018. On a year-over-year basis, however, the figure ‎‎is 12 percent lower from $97.4 billion daily reported during September 2017, ‎‎data released by NEX Group plc ... (read more)