Trading Volumes Flashcards
Is it possible to get exact FX trading volumes?
No as FX is mostly traded OTC
What are the 2 main functions for getting trading volumes?
BGNE & DES
How can I find Daily average volume for EURUSD?
DES –> Trading activity –> BIS Volume
Drawback of BIS surey?
Quite outdated as survey is conducted triennially (every 3 years)
What is the BIS
Bank for International Settlements is a financial institution that supports central banks
How can I find trading volume on BGNE?
BGNE –> Load spread ticker in GP
How can trading volume be inferred from spreads?
High spreads indicate lower trading volume due to increased volatility and shortage in supply/demand
Low spreads indicate higher trading volumes due to:
- Increased competition
- High supply/demand
Where can I find trading volumes for FX derivatives
SDRV –> FX Tab –> volume shown in millions of USD