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Forex volumes fell 12% at Thomson Reuters in October

Daily spot foreign exchange trading volumes on Thomson Reuters dealing platforms fell by 12 per cent in October from a month earlier, company data showed on Thursday.

Average daily spot volumes were $97 billion in October, down from $110 billion in September. Volumes were 19 per cent lower than October 2012, when they totalled $120 billion.

On FXall, the electronic foreign exchange platform purchased by Thomson Reuters last year, average daily volumes fell 4.5 per cent to $106 billion in October from $111 billion in September, though they were up from $94 billion in October 2012. ■