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Thomson Reuters October FX volumes down 10%
Clear pattern emerging of slow institutional, but decent retail volumes in October. Thomson Reuters announced their October FX ECN volumes at $120 billion per day -- 10% off September's $133 billion and 23% below last year October's $155 billion. Thomson Reuter's anemic October figures follow similar results we've seen already from other ECN / institutional FX platforms such as ICAP-EBS (down 17%, reporting its lowest FX volumes since 2005!), and CME Group (FX contracts volumes down 32%, its lowest FX volumes since 2009). However in the retail FX sector the picture is emerging to be a little different, with FXCM ... (full story)