Thomson Reuters and Moscow Exchange both saw relatively flat performance in October compared to September, however both bucked the year-on-year trend at other platforms by seeing a decline over the 12 month period.
Thomson Reuters says it handled spot average daily volume (ADV) of $95 billion in October, a fraction up on September’s $94 billion but 8.6% lower year-on-year. Across all FX products the company’s platforms handled $269 billion, slightly lower than September’s $271 billion but 8% higher than in October 2015.
This continues a pattern this year that has seen Thomson Reuters persistently report lower year-on-year volumes in spot but higher ADV in the broader product set.
Meanwhile, Moscow Exchange says it handled RUB 1,232 billion in October, 1.6% lower from September and 11.7% lower from October 2015.