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Thomson Reuters FX volumes rise by 33% yoy - Thomson Reuters

FXStreet (Łódź) - Thomson Reuters informed on Friday that the total average daily volume of foreign exchange trading across its platforms reached $417.5 billion in September.

Key quotes

"This is the highest monthly total, based on trading volumes on Thomson Reuters Matching and FXall in all transaction types, including spot, forwards, swaps, options and non-deliverable forwards (NDFs), in 2013 and 2014."

"Average daily volume for spot trading in September was $144.2bn."

“'The surge in equity market volatility had a strong ripple effect across all markets – especially foreign exchange,' said Ronald Leven, FX pre-trade strategist, Thomson Reuters. 'Also, with equity markets looking more vulnerable, the market became sensitive to global political pressures – especially the Ukraine and the Middle East – which had been ignored through much of the year. This has contributed to the record trading volumes we saw last month.'"

“'The figures also reflect our continued client growth across all of the sectors we serve – the asset managers, hedge funds, corporations and banks which all tend to trade more under these conditions. As new trading opportunities arise, increasing numbers of our clients are telling us they value trusted venues such as ours, with well-understood rules and tools to analyze performance.'”

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