Tag: volumes

volumes

And Another Thing…

Monday’s column – predicably I have to say – prompted no little chatter on my communication channels, it’s always that way when I write about the primary venues, and amongst the always interesting conversations was an idea or two about why the April and May data were so awful, and the suggestion of a scenario […]

In the FICC of It Special

For this podcast special, Colin Lambert is joined by Alan Schwarz, CEO of FXSpotStream for a fascinating look inside a business operating in stressful conditions. That FX markets are volatile and volumes are high is obvious to anyone but Schwarz is able to put some numbers on the issue – and they are quite staggering […]

In the FICC of It

The is one subject on the agenda for this week’s podcast – the return of volatility to FX markets. Joining P&L’s managing editor Colin Lambert to discuss the issue are David Mercer, CEO of LMAX Group, and Joel Kruger, currency strategist at LMAX Exchange. After Kruger provides his view of current conditions in, and drivers […]

CLS Volumes Decline Marginally in December

The average daily volume (ADV) of trades submitted to CLS was $1.6 trillion in December, down 0.5% month-on-month, but up 2.8% year-on-year. Swaps trades accounted for $1.1 trillion of this total ADV last month, down 8.3% from the $1.2 trillion recorded in November 2019, but up 4.6% compared to December 2018. The total ADV of […]

Geopolitics Drives Record 2019 FX Volumes for SGX

SGX saw record volumes in its FX futures during 2019, which it credits to heightened trading activity due to geopolitical factors. The exchange is reporting aggregate FX volumes of $1.3 trillion for 2019, up 44% from $914 billion in 2018, with a total of 23.5 million futures contracts traded on its platform last year, a […]

Full Amount Trading Spiked on Cboe FX Last Year

Amidst a generally challenging year for OTC FX trading platforms, Cboe FX saw a significant increase in full amount trading on its platform in 2019. The average daily volume (ADV) of trading on Cboe FX in 2019 was $32.3 billion, down 13.6% from the ADV of $37.4 billion that it recorded in 2018. However, it’s […]

CLS Data Confirms November Slowdown

The average daily volume (ADV) of FX trades submitted to CLS in November was $1.61 trillion, down 10% compared to October and down 4.2% year-on-year. The ADV of swaps submitted to CLS last month was $1.17 trillion, down 8.2% compared to October, but up 3.9% from November 2018. Spot ADV was $366 billion in November, […]

The New FX Benchmark – What Does it Mean?

Colin Lambert muses on the broader significance of the latest BIS number for the FX industry as a whole. However the number was arrived at, the FX market will, for the next three years at least, be known as a $6.6 trillion market – reinforcing its position as the largest financial market in the world. […]

Battle Lines Drawn

Looking at the geographical distribution of OTC FX turnover, Galen Stops sees some areas of competition emerging amongst different trading centres, but argues that it will be a long time before we see the outcome of any moves being made now. It will have come as no surprise that the data from the Bank for […]