Spot volumes flat in December

Icap-owned EBS Spot said average daily volumes reached $112.1 billion in December, level with December 2009, when volumes averaged $112.0 billion. But it was a big drop from average daily volumes totalling $162.5 billion in November 2010. However, an internal source said that January volumes are so far almost up to November levels already.

Similarly, average daily volumes across Thomson Reuters' spot-trading systems totalled $110 billion, marginally up from $106 billion in December last year

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