EBS Trading Volumes Slingshot Higher in January, Solidifying Upward Trend
Posted: Wed Feb 03, 2016 12:23 pm
Despite ending the 2015-year entrenched in a negative downtrend, trading volumes on ICAP’s electronic foreign exchange (FX) platform EBS managed to rebound sharply in January 2016 as market volatility has heated up, according to an ICAP statement.
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January 2016 has seen widespread surges in trading volumes at a number of institutional and retail venues with FX market volatility picking up steam. The narrative at EBS was no exception, with its FX volumes totaling $103.8 billion daily, which represents a growth 38.7% ... (read more)