Deutsche Borse has reported that its foreign exchange business, 360T, handled average daily volume of EUR75.7 billion in September.
360T reports data in all foreign exchange products, therefore it’s data cannot be compared to most other reports.
This represents a 10.3% increase on August’s data and the exchange group’s website says it is also a 17% year-on-year increase, although at face value this may not be the case. Since July 2018, 360T has incorporated the volumes from Gain GTX, which it bought earlier this year, however it’s historic data does not appear to include GTX data reported at the time.
Profit & Loss calculates that together, GTX and 360T had ADV of EUR 75.8 billion in September 2017, which actually means the combined volume was actually unchanged year-on-year.
360T’s data rounds out a pretty good month for the platforms on a month-on-month basis, with only FastMatch FX seeing a decline.