Platforms and LPs welcome surge of activity
The outcome of the US presidential race is an early Christmas present for platforms printing new records
Foreign exchange markets have received a welcome boost from the outcome of the US presidential election, triggering a frenzy of activity on bank trading floors, as well as a surge of volumes on platforms with many printing new records.
People familiar with the matter told FX Week that traders were ‘manic' on November 9 during European hours, when volumes were running at approximately six to seven times higher than average, ahead of the New York market open.
When US markets did open, volumes
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