Platform volumes rise modestly in September
Average daily foreign exchange volumes on EBS, Thomson Reuters and FXall rose month-on-month by 17%, 16% and 25% respectively in September, according to figures published this week by Icap, which owns EBS, and Thomson Reuters, which now owns FXall.
But despite the month-on-month gains, FXall was the only platform to report year-on-year growth, with its average daily volume at $105 billion in September 2012, up from $91 billion in September 2011.
Average daily volume on EBS in September was $111
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