EBS volumes hit multi-year low in October

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Trading on the EBS platform hit a multi-year low in October 2012 as average daily spot volume plunged to $92.6 billion, down 46% year-on-year, while Thomson Reuters' volumes also fell significantly to $120 billion, down from $155 billion in October 2011.

Foreign exchange trading platforms have generally experienced depressed volumes this year, but a confluence of factors – including the low-volatility environment, a range of system and policy changes, and the effects of Hurricane Sandy during

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