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Thomson Reuters FX Volumes Down in May
The last platform to report average daily volume (ADV) data, Thomson Reuters, has reported a small 2.2% decline in FX activity in May. The platform provider says its spot FX activity across its venues was $85 billion per day, down from $87 billion in April and 7.5% lower than May 2016 when it handled $94 billion. Activity in all FX products at Thomson Reuters was $350 billion per day, down 6.5% from April but up a fraction from May 2016’s $347 billion per day.

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