EBS Dec FX spot volume falls 4 pct from year-ago levels

NEW YORK Mon Jan 7, 2013 9:32am EST

Related Topics

NEW YORK Jan 7 (Reuters) - Average daily foreign exchange spot volume traded on the EBS trading platform in December fell 4 percent from year-ago levels to $91.8 billion, parent company ICAP said on Monday.

The average daily spot FX volume also fell month over month. In November, volume was $103.8 billion.

At its peak in February 2008, EBS did more than $250 billion in daily volume.

EBS, which competes with Thomson Reuters in the FX dealing business, is the leading liquidity provider for the most widely traded currencies - the euro, yen and Swiss franc.

Thomson Reuters is strong in so-called Commonwealth currencies that include the British pound as well as Australian, Canadian and New Zealand dollars.

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

A tourist takes a plunge as she swims at Ngapali Beach, a popular tourist site, in the Thandwe township of the Rakhine state, October 6, 2013. Picture taken October 6, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: SOCIETY) - RTR3FOI0

Where do you want to go?

We look at when to take trips, budget considerations and the popularity of multigenerational family travel.   Video