FX volumes dip in March
But trading activity on most platforms remains strong year on year
Foreign exchange trading venues saw spot volumes decline in March, but their activity was stronger than in the corresponding period of 2017.
Spot volumes on Thomson Reuters dipped 7%, as it reported $105 billion in average daily volumes, compared with $113 billion in February. However, volumes were up 11.7% year on year.
Nex Markets reported a double-digit month-on-month decline in spot FX trading activities. It handled ADV of $92.7 billion in March – a 14% drop from the $108.3 billion
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