Happy New Year to all of our readers. Another quiet week with the New Years holiday; and the numbers prove just that. I would expect some reversion to the mean in the coming week, with perhaps some proper ramping up later in the month in advance of the expected on-time MAT in mid-February.
For the weeks daily activity, I’ll screenshot the Clarus SEFView application, currently in beta:
WEEK ON WEEK NUMBERS
Weekly numbers show some rebound. But being two consecutive holiday weeks, best not to make too much of it.
Commonly, people want to drill deeper into these volumes we report every week. Hence our SEFView product is able to slice and dice this data. I found it interesting that the data confirms the D2C venues are only active in the major currencies. For IRD, anything beyond EUR, GBP, CAD and USD was done solely on D2D SEF’s:
THATS A WRAP
Things should get interesting in the coming weeks. Stay tuned.
This weekly issue of SEF updates is not the most current. To see all SEF posts, including the most recent, please click through to the SEF Category.