Thomson Reuters March Volumes Up 2.8% Overall as Spot Trading Dips Lower
Posted: Sun Apr 10, 2016 9:13 pm
The amount of Foreign Exchange volumes averaged $362 billion per day during March, according to an update released by Thomson Reuters for trading across its related platforms during the month.
This total represents a nearly 2.8% rise from February’s total of $356b, an increase of $10b month-over-month in average daily volumes (ADV), and helped to reverse the two-month downtrend that had started at the beginning of 2016 as highlighted by Finance Magnates in a related post.
Despite the increase overall, in total volume and other volume categories, the amount of volume in spot trading fell from $111b in February, down 6.3% month-over-month ... (read more)