FXSpotStream reports March ADV of $66.8 billion

Steffy Bogdanova
April 4, 2023 11:38 am

FXSpotStream, provider of a multi-bank FX aggregation service for spot FX trading, has released its monthly metrics for March 2023.

Last month, the average daily volume came in at $66.77 billion.

ADV numbers recorded an uptick in the first three months of the year after a slight decrease in the end of 2022 following the firm’s highest ADV ever in September.

March ADV grew 6.2% on monthly basis, compared to the $62.86 billion recorded the previous month.

FXSpotStream

On yearly basis, however, last month’s ADV dropped 4.8% compared to March 2022.

Last month, FXSpotStream’s overall volume stood at $1.54 trillion. The numbers rose 22.2% from the $1.26 trillion, recorded in February 2023.

The overall trading volume of the firm has surpassed $1 trillion for every month of 2022 and it is continuing the trend in 2023.

The February ADV numbers are based on 23 trading days.

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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