The three main OTC FX platforms have now reported their Oct 13 volumes.
All three platforms saw decline in daily volumes in October, with Reuters and EBS both recording multi year (record low) trading volumes.
Reuters matching and conversational dealing platforms showing the largest fall, down $13bln/day (-11.8%) at $97bln/day from $110bln/day in September, and also showing the largest YoY drop of -19.2%.
EBS which as we reported earlier this week, also hit new all time lows in daily volumes which were down $4bln/day ( -5.2%) at a new low of $77bln/day, a drop of -16.8% YOY.
Whilst FXAll volumes were $5bln/day (-4.5%) lower at $106bln/day down from $111bln/day in September, although still up some 12.8% YOY.
