Platform volumes dip in July, but grow year-on-year

ADV inch lower for institutional FX venues after a Brexit-boosted June, but there is still growth, compared with 2015

Dividend growth
Game on: volumes on FX platforms tick higher, compared with July 2015

Trading volumes on foreign exchange venues largely inched lower in July, compared with the previous month, but while activity decreased after the month of Britain's vote to leave the European Union on June 23, average daily volumes were higher than in July 2015.

Icap-owned EBS reported volumes to be 1% higher in July than in the same month of last year, at $83 billion a day on average, but this was still some 17% lower than the $97.4 billion achieved by the platform in June.


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