July 9, 2018 / 3:43 PM / a year ago

FX trading volumes rebound in June after May dip

LONDON, July 9 (Reuters) - Currency trading on Thomson Reuters platforms rebounded in June after a slight dip in May as increased volatility across global markets boosted volumes.

Average daily turnover on its platforms rose to $452 billion in June, following May’s figure of $432 billion. On an annual basis, turnover climbed 17 percent. Thomson Reuters’ volumes hit a record $463 billion in February.

This total reflects trading volumes on Thomson Reuters Matching and FXall in all transaction types, including spot, forwards, swaps, options and non-deliverable forwards.

Spot turnover also registered an increase from the previous month.

NEX Group, another big player in the foreign exchange market, last week reported a 15 percent rise in average volumes in May. (Reporting by Saikat Chatterjee; Editing by Andrew Roche)

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