FXall breaks volume record

FXall traded more than $22 billion on one day in November in single-counted volume, and a total of $271 billion for the month. Average daily volume was nearly $14 billion, representing just over 1% of total global turnover in FX, according to the latest figures from the Bank for International Settlements. FXall last announced record volumes in June, when it reached total volumes of $223 billion -- a daily average of $10.6 billion.

Institutional customers now account for around 55% of FXall’s