June is shaping as a very solid month for the Forex industry, if we take into account the volumes data reported so far. Another report that added weight to this trend comes from ICAP plc (LON:IAP), an expert in electronic markets and global broking, which has just announced a set of robust operating metrics for June 2015.
As usual, we focus our observations on the performance of EBS, the electronic Forex brokerage division of ICAP.
Average daily volumes at EBS amounted to $100.8 billion in June 2015, up 5.1% from the result of $95.9 billion recorded in May 2015. For fans of annual comparisons, let’s mention that the June 2015 EBS ADVs surpassed the ADVs seen in June 2014 by massive 31%.
Talking of annual comparisons, let’s mention that US Treasury average daily volumes grew 22% year-on-year to $188.9 billion. The result was 3% higher than in May 2015.
US repo and European repo markets marked a rise in volumes in monthly terms and a drop in annual terms.
To view the official announcement by ICAP, click here.