Volatility in February Spikes up Trading Volume Across Brokerages and Exchanges

Thomson ReutersThomson Reuters

The forex volume across Thomson Reuters products has witnessed a strong growth during February 2018, with average daily trading volumes came in at $463 billion, a 7 percent rise month-over-month from 432.1 billion and 37 percent growth year-over-year from $338 billion. February also marked the second consecutive record month as volatility in the market sparked trading volumes.

Volatility in the market has increased due to fears of rising inflation as central banks across regions start withdrawing policy stimulus and also rising bond yields. Also, a short but violent market sell-off in February sparked volatility which contributed to the volume growth.

The company also successfully onboarded more buy-side clients and liquidity providers onto its enhanced Multilateral Trading Facility (MTF), post- MiFID II implementation, the company said in a statement.

Deutsche Börse

Deutsche Börse, a capital market company facilitating trading in shares and other securities has released its cash markets February turnover at €158.5 billion, almost 45 percent increase from February 2017 figures at €109.0 billion. This is also the highest ever February turnover since 2008.

Of the €158.5 billion, €143.4 billion has arrived from Xetra (reference market for exchange trading in German shares and ETFs) against €97.8 billion in February 2017. The average daily turnover on Xetra during February came in at €7.2 billion. Order book turnover on Börse Frankfurt totalled €4.3 billion against €4.0 billion in February 2017 and on Tradegate Exchange €10.8 billion.

In the turnover breakup of asset classes, Cash market turnover in equities was €138.3 billion, ETFs/ETCs/ETNs amounted to €18.0 billion, Bonds were at  €0.4 billion, structured products €1.4 billion and in funds €0.3 billion.


Retail forex and CFD brokerage, FXCM Group has reported a strong set of operating metrics for the month of February 2018, continuing with the positive momentum in 2018 and strong trading volumes in the last month. During the month, the group reported overall Fx trading volume of $239 billion, 4 percent less than January’s $250 billion figure but 19 percent higher than February 2017. Given the fact that February had 2 less trading days compared to January, the figure is almost stable.

The average daily trading volume during February came in at $12 billion, which is 5 percent higher than last month’s $11.4 billion figure and 20 percent higher than February 2017. Higher volumes across brokerages and exchanges were guided by severe volatility in the global market due to rising yields of US papers.

In terms of account participation in February, on an average 415,479 clients traded per day, an 18 percent increase over the previous month from ‎‎352,867‎ ‎client trades and 2 percent higher than February 2017. But, in terms of the active account, FXCM reported 112,354 active accounts, a drop of 2 percent or 2,539 accounts compared to January 2018 and a bigger drop when compared year-over-year which is 18 percent or 18,164 accounts.

FXCM has been going through a lot of changes since the February 2017 crisis and its longtime CEO Drew Niv leaving the company. During February 2018, the company changed its corporate identity and logo to which it added a Leucadia company.