LSEG Publishes August (and July) FX Volumes

After a delay in publishing its July data, LSEG FX has released its FX trading volumes for that month and August, with activity largely in line with other platforms to report.

Spot FX volume across LSEG’s various venues was $88 billion per day in August, down 10.2% from July, when it was $98 billion, unchanged from July 2022. August’s average daily volume (ADV) is up 2.3% on a year-on-year basis, however $88 billion per day is the lowest thus far in 2023.

Non-spot volumes have drifted lower, both in July and August. In the latter month non-spot ADV was $336 billion, fractionally down from $338 billion in July 2023. In July 2022, ADV was $344 billion and in August of that year it was $327 billion.