Looks like October was slow in the FX trading world. After reporting an improved September following a very slow summer, ICAP plc's forex ECN unit EBS reversed course and reported that daily FX volumes in October averaged only $92.6 billion -- its slowest month since 2005. Volatility has come back somewhat to the FX markets…
Read moreFX volumes rising nicely, but have a long way to go. As we have seen with other FX product aggregators such as Thomson Reuters and the CME Group, volumes at Forex ECN ICAP-EBS saw a nice double-digit-percentage rise in September, but remain well below "normal" levels seen throughout last year. EBS's volumes rose by 17%…
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