Electronic trading volumes down year-on-year

- FX Markets Comment
- 05 Sep 2009

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LONDON & CHICAGO - Electronic trading volumes continued to be down year-on-year in August, but have steadied on a monthly basis.

Average daily volume (ADV) on EBS Spot was $122.3 billion last month, down 39.49% from an exceptionally active August 2008, when ADV was $202.1 billion. Last month's figure was 2% below July's statistic of $125.2 billion.

CME Group foreign exchange volume experienced its highest non-roll month level in 2009, averaging 616,000 contracts a day, with notional value of

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