FX platforms boosted by Brexit, but only a few highs
GTX, FastMatch and Saxo see record activity on June 24, while the industry averages
Foreign exchange platforms saw a healthy boost in traded volumes at the end of last week, as traders positioned for developments around Brexit. While flows on the two most established platforms, EBS and Thomson Reuters, did not set any new records, smaller venues such as GTX, FastMatch and Saxo Bank hit new highs.
Immediately after the results of the referendum, market participants said overnight trading across the industry hit around two to three times normal volumes, but activity settled down
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