Thomson Reuters’ FX spot volume down
FX volume still depressed across all venues
Average daily volume for spot foreign exchange at Thomson Reuters fell to $99 billion in July – the lowest recorded by the company since at least January 2013, according to data on its website, as volatility nears all-time lows.
EBS, Hotspot and FX settlement utility CLS all saw a drop-off in July, with the two trading venues down 21% and 16%, respectively, on the same month of last year. CLS's average daily volume submitted for settlement fell 20% over the same period.
"FX volume is approaching
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