Refinitiv, 360T, FX Volumes Bounce in June
Posted by Colin Lambert. Last updated: July 13, 2022
After almost two years without breaching the $100 billion per day barrier, Refinitiv has reported spot FX average daily volume of $102 billion per day across its platforms, the fourth time in five months it has been above $100 billion.
This represents a 5.2% increase from May and up 14.6% year-on-year. Non-spot volumes also witnessed a rebound in June, at Refinitiv, recording $367 billion per day, up 9.2% from May, as well as a 1.1% increase year-on-year.
Meanwhile, after reporting a healthy increase in spot activity in June, Deutsche Börse’s 360T has reported total FX ADV of EUR 123.6 billion, up 10.7% from May and up an impressive 26.4% year-on-year. Using a fixed exchange rate for the previous 12 months, this equates to non-spot ADV of $99 billion, a 5.3% increase in non-spot activity from May and a massive 45.2% increase from June 2021.
Elsewhere, Integral has reported two months’ worth of data, having failed to release volumes for May last month. ADV in all FX products was $49 billion, up from $46.6 billion in May. The latter was a 6.2% decline from April but was up 5.9% year-on-year, while June’s data represents a 5.1% bounceback from May, but is down 3.9% year-on-year.