Although spot FX volumes were down
year-on-year across Thomson Reuter’s platforms in February, overall FX volumes
were up 28% from the same month the previous year.
Thomson Reuters recorded an average daily
volume (ADV) of $111 billion for spot FX trading in February 2016, while the
total ADV for FX products across its platforms was $356 billion.
This means that its spot FX volumes were
down 9.8% from the ADV of $123 billion recorded in January 2016 and down 2.6%
from the $114 billion recorded in February 2015.
In contrast, the overall ADV across TR’s FX
platforms in February declined 5.7% from the previous month’s ADV of $377
billion, but rose by 28% from February 2015’s total volume of USD $355 billion.
This overall figure represents trading
volumes on Thomson Reuters Matching and FXall in all transaction types,
including spot, forwards, swaps, options and non-deliverable forwards (NDFs).