EBS
So, do we need to talk about the primary venues? The ADV data from CME Group (which obviously includes EBS) and Refinitiv makes for pretty grim reading with the latter two reporting the lowest daily turnover since they started publishing data in 2007 and 2009 respectively, and the former being in the fifties of billions […]
May saw average daily volume on both EBS and Refinitiv’s spot platforms fall back further from April, with both reporting their lowest ADV since they started reporting data in January 2007 and April 2009 respectively. CME Group, which owns EBS, says spot ADV was $56.7 billion in May, a 6.7% decline from April and 27.7% […]
Following the first group of platforms to report average daily volume for FX markets in April, the primary venues as well as FXSpotStream and Integral have also posted month-on-month declines – the latter two saw year-on-year increases, however for the primaries there were drops. Refinitiv says that spot FX ADV across its platforms was $79 […]
The primary FX venues have followed other platforms by reporting strong gains in average daily volume (ADV) in March with CME Group and Refinitiv hitting their highest levels since September 2014 and EBS the highest since January 2013. Refinitiv actually hit the highest turnover across FX products since it started reporting data in April 2009 […]
I mentioned in a recent column the increasing noise around fragmentation in equity markets, specifically end user frustration and unhappiness with it, but it is noticeable to me that the same discussion is gaining more volume in FX. Now I need to stress that this is not me (for about the 10th time) predicting consolidation […]
Following new records for three platforms reported earlier this week, a second group of platforms has unveiled strong turnover data for February. CME Group says that notional average daily volume (ADV) across its futures and options product suite was $98 billion in February, a 33.1% increase from January and a 32.6% increase from February 2019. […]
While activity on the primary FX venues was mixed month-on-month thanks to January not being a roll month for CME, average daily volume (ADV) on all three venues was lower year-on-year. Refinitiv reports ADV of $83 billion for spot FX across its platforms in January, a 6.4% increase from December, but a 12.6% decline from […]
Chris Soriano, executive director, head of cash emerging markets, Americas at EBS, will be speaking at the Profit & Loss Latin America event in Mexico City on March 25. Ahead of the event, he discusses the key opportunities and challenges facing firms trading NDFs, both in LatAm and globally. Profit & Loss: What do you […]
The podcast is back for 2020 and Colin Lambert and Galen Stops immediately try to dampen new year’s spirits with a look at what was a pretty poor 2019 for the FX platforms. On a more positive note, Lambert thinks that 2020 could be a breakout year for two services in the FX industry as […]
Welcome to 2020 and may I wish you all a healthy and prosperous new year – if we’re looking in purely market terms I suppose that means some volatility. There were a few things that caught my eye over the holiday period, all of which I will, hopefully, get to in the next week, but […]
