Euronext’s FX trading volumes up 9.5% MoM in January 2023

Steffy Bogdanova
February 9, 2023 2:00 pm

The Pan-European derivatives exchange Euronext released its trading volumes for January 2023. The company’s FX spot trading volume strengthened in January after a drop in the end of 2022. The figure was 9.5% higher than the previous month.

FX Spot trading, formerly known as FastMatch, registered $432.2 billion for the period compared to $394.6 billion in December 2022.

On yearly basis, however, the number were 7.9% lower than January 2023 when the exchange posted $469.2 billion.

Euronext

The average daily volume in FX for last month came in at $19.6 billion. Compared to December’s $17.9 billion, this was also a 9.5% MoM increase.

Total Cash Market numbers in January stood at $215.5 million, up by 10% MoM compared to previous month. On yearly basis, the exchange saw a 26% decrease.

Derivatives markets on Euronext rose 25.5% MoM in January to 13.8 million contracts. Compared to January 2022, the numbers dropped 19.6%.

LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
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