Platform volumes up in August amid EM woes

Trading was higher than in the same period of 2017, with the euro and some emerging market currencies hitting yearly lows

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Foreign exchange trading platforms experienced double-digit growth in August, compared with the same month of 2017, as wobbles in emerging markets boosted trading activity.

FXSpotstream saw its yearly volumes increase by almost 50% to reach $28.4 billion in August, compared with $19.2 billion for the same period of 2017.

Cboe FX, formerly Hotspot, and FastMatch achieved 28.8% and 18.9% growth, respectively.

Volumes on EBS also rose, albeit more modestly than its peers, with trading activity 2

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