FXall trading volumes surpass EBS
Thomson Reuters-owned multibank forex trading platform FXall has surpassed volumes traded on leading electronic broking system EBS for the first time in its 20-year history, according to data released by both companies.
In December, volumes on FXall averaged $100 billion a day, up 26.6% on the same time in 2011. This compares with a 4% fall in average daily volumes on the EBS platform to $91.8 billion during the same year-on-year period.
Meanwhile, average daily FX spot volumes for December on Thomson Reuters' main FX spot trading services – Thomson Reuters Dealing, Matching and Reuters Trading for FX – reached $102 billion, down 11% on the same time last year.
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