FXSpotStream has just released its volume report for the month of March, reporting increased volumes. March’s high volumes are related, in part, to the evolving impact on the markets from the coronavirus.
Highlights of March 2020 trading volumes report can be seen below:
On March 9, FXSpotStream hit a new daily volume record of USD89.6 billion
March also recorded a new ADV high for any month at USD62.4 billion, which surpassed the prior ADV high of USD47.8 billion set in February by USD14.6 billion or 30.40% higher
ADV in March MoM (Mar ‘20 vs Feb ‘20) increased 30.40% to reach a new ADV record of USD62.4 billion
FXSpotStream also announced a rise of 65.22% in ADV YoY (Mar ’20 vs Mar ’19).