World FX trading volumes down 8%
FX committees report sinking trading volumes in the UK and US, but they were up in Japan, Singapore and Australia
According to the semi-annual survey of foreign exchange volumes gathered by the world's FX committees, trading volumes were 8% lower around the globe in October, compared with those in April 2015.
With six of the eight-largest FX trading centres reporting, average daily volumes in October stood at $3.9 trillion, down from the $4.3 trillion reported by the same group in April.
Trading volumes fell in the two largest trading centres of foreign exchange, with London leading the way with a 13% drop
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