FXSpotStream hits volume records with October FX trading at $35.9B ADV

FXSpotStream forex volumes

For the second month in a row, multibank FX aggregation service FXSpotStream has reported record figures indicating continued and rapid growth for the company.

Both October total volumes of $824.6 billion and average October daily volumes of $35.9 billion set (by a wide margin!) new monthly records for FXSpotStream. Best previous results for the company were total volumes of $652.4 billion in August 2018, and average daily volumes of $31.9 billion set last month.

FXSpotstream FX volumes Oct2018

Some of the October results to note at FXSpotStream included:

  • October’s ADV hit another record reaching USD 35.85 billion – a MoM ADV increase of 12.44%
  • ADV YoY (Oct ’18 vs Oct ’17) increased 80.19%
  • October’s record high ADV of USD 35.85 billion – the 5th ADV record in 2018 – surpassed the prior ADV high of USD 31.89 billion in September by 12.44%
  • Overall Volume (OV) in October hit an all-time record at USD 824.6 billion
  • OV YoY (Oct ’18 vs Oct ’17) increased 88.38%
  • October’s OV record of USD 824.6 billion exceeds the previous record of USD 652.4 billion by 26.4%
  • ADV for all of 2018 through October is up 51% when compared to the same period last year – still the fastest growing eFX cash venue of 2018
  • ADV figures for October are based on 23 trading days

FXSpotStream Monthly Volumes

 Month
Total Volume* Avg Daily Volume (ADV) ADV Change MoM
ADV Change YoY Trading Days
Oct-18 $824,603 $35,852 +12.4% +80.2% 23
Sept-18 $637,707 $31,885 +12.4% +33.2% 20
Aug-18 $652,398 $28,365 +2.4% +47.6% 23
Jul-18 $609,704 $27,714 -8.7% +57.9% 22
Jun-18 $637,719 $30,368 +8.2% +49.5% 21
May-18 $645,411 $28,061 +14.3% +60.8% 23
Apr-18 $515,696 $24,557 -10.9% +43.5% 21
Mar-18 $606,011 $27,546 -4.5% +46.7% 22
Feb-18 $576,631 $28,832 +9.5% +54.1% 20
Jan-18 $579,463 $26,339 +32.8% +39.7% 22

* Volumes in USD millions, single count, for all streaming and matching products.

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