Leading off our reports of FX trading volumes for June by leading Retail and Institutional eFX platforms, Forex ECN FastMatch data shows a 12% drop in activity from May volumes. FX trading volumes averaged $19.7 billion daily at FastMatch in June, down from a record $22.5 billion in May. FastMatch's figures portend a fairly slow…
Read moreForex volume metrics in January are strong across all major Forex ECN platforms. Forex ECN KCG Hotspot has reported its January volumes at $34.1 billion per day -- Hotspot's second best month ever, second only to June 2013's $36.9 billion. Hotspot's results complete what was a very strong January in the institutional FX business: ICAP…
Read moreFX Concepts bankrupt, Parker Global Currency Managers Index down 5% YTD Recent slump in volumes on the institutional front might just have a solid fundamental explanation. Two words – poor performance. The Wall Street Journal has reported yesterday that FX markets participants might be willing to forget 2013 as the market has proven too difficult…
Read moreHowever their leadership ahead of ICAP has been solidified with FXall numbers still being higher y/y Not unexpectedly FXall and Thomson Reuters reported lower daily volumes for the month of October. FXall and their parent Thomson Reuters both reported decreases in daily trading volumes during the month with $106 bln and $97 bln respectively (see…
Read moreFXCM's lowest retail forex volume metrics of 2013 offset somewhat by continued strong institutional sector. Leading retail forex firm FXCM, a member of LeapRate's Approved List of global regulated FX brokerage firms, announced surprisingly low September volumes -- $285 billion retail and $181 billion institutional. September marks the first month this year that retail forex…
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