Daily FX volumes on EBS pick up in September
LONDON Oct 3 (Reuters) - Average daily foreign exchange spot volumes traded on the EBS trading platform rose by 3 percent in September, parent company ICAP said on Thursday.
Volumes traded rose to $81.2 billion from $78.7 billion in August when volumes typically fall due to holidays. They fell 27 percent from $111.9 billion in September 2012.
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 . Volumes on EBS have been hit this year as it tries to curb high-frequency trading on its platform.
Thomson Reuters is strong in 'Commonwealth' currencies such as the British pound and the Australian, Canadian and New Zealand dollars.
- U.S.' Kerry expresses regret to India over diplomat case |
- Washington, DC city council raises minimum wage to $11.50/hr in 2016
- China confirms near miss with U.S. ship in South China Sea
- Mega Millions winners in Georgia, California to split $648 million |
- Medical bills underlie 60 percent of U.S. bankrupts: study