Trading volumes on SGX’s FX futures hit an all-time in May, with $111.5 billion in notional value and over 1.84 million aggregate contracts traded. Year-on-year, May’s volumes represent a 49% growth in notional value and a 10% growth in aggregate contracts. SGX also saw a record for single day trading volume this month, with more […]
Tag: FX market volatility
FX market volatility
Earlier this year I wrote about my mystification over people bemoaning the lack of opportunity in FX markets, claiming there were indeed plenty of chances to make (and lose!) money, because the rather fragile geo-political situation and multi-speed economic performance around the world is providing opportunities.
In FX terms market conditions seem to have changed for the better, at least for some participants. We could be witnessing a revival for the trader, and if that is the case I, for one, will be very happy.