June 4, 2015 / 10:43 AM / 2 years ago

EBS daily trading volumes steady below $100 billion in May

LONDON, June 4 (Reuters) - Foreign exchange spot volumes on the EBS trading platform were almost unchanged at $95.9 billion a day in May compared with April, owner ICAP said in a statement on Thursday.

Trading on EBS - the main venue for banks and other major institutions to trade the euro, yen and Swiss franc against the dollar - rose 30 percent compared with a year ago, when the platform was just emerging from a prolonged drop in volumes.

But the volumes on EBS, which competes with Thomson Reuters , Germany’s 360T and a handful of smaller providers, were well below peaks of just under $130 billion a day hit in January and some months last year. (Writing by Patrick Graham; editing by John Stonestreet)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below