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Thomson Reuters forex volumes rose 5% in June

Daily spot foreign exchange trading volumes on Thomson Reuters dealing platforms rose in June from a month earlier, company data showed on Tuesday.

Average daily spot volumes were $147 billion, up from $140 billion in May and $143 billion in June 2012.

On FXall, the electronic foreign exchange platform purchased by Thomson Reuters last year, average daily volumes rose to $123 billion in June from $108 billion in May. Volumes were up 24 per cent from June 2012 when they were $99 billion.

The company said 26 June saw the highest single day volume on FXall with $187 billion traded. The jump was due to increased volatility in Chinese foreign exchange markets. ■

SOURCE
Reuters