Volumes up on trading platforms
Average daily trading volumes at spot broker EBS have gone up to $125 billion so far this year, from $110 billion in 2004, the company said.
On its FX prime brokerage service, EBS Prime, average daily trading volumes were up between $5 billion and $6 billion, reflecting a 600% increase since the start of the year. This includes additional trading volumes from hedge funds, fund managers and commodity trading advisers (CTAs), said Jack Jeffery, chief executive officer of EBS in London. "The
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