NEW YORK | Mon Jan 7, 2013 9:32am EST
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.
0 comments:
Post a Comment