Thomson Reuters Reports Flat FX Volumes in October 2016
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Thomson Reuters Reports Flat FX Volumes in October 2016
Thomson Reuters (NYSE:TRI) has reported its FX trading volumes for the month ending October 2016, which were largely flat MoM after what had been a strong comeback in the previous month, according to a Thomson Reuters statement.
In particular, Thomson Reuters saw a total average daily volume (ADV) of its foreign exchange (FX) products, including spot, forwards, swaps options and non-deliverable forwards (NDF), come in at $364 billion, mounting an increase of 3.4 percent YoY from $353 billion in October 2015. However, the figure was virtually unchanged compared to September 2016, marking a drop of less than 0.1% MoM from $365 billion ... (read more)
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