FXSpotStream sees $50.4 billion ADV in October

FXSpotStream, the provider of a multibank FX aggregation service for spot FX trading, has just published its monthly metrics for October 2021.

The company registered $50.455 billion in average daily volumes in October 2021, its third highest ever.

The numbers were 29.75% higher than in October 2020 and 4.35% more than in September 2021.

The company’s overall volume reached $1.060 trillion, surpassing the $1 trillion mark for a sixth time this year.

FXSpotStream

The overall volume registered a 23.86% YoY increase compared to the same period last year.

FXSpotStream’s ADV YTD rose 14.63% to $48.665 billion last month when compared to October 2020

The October ADV numbers are based on 21 trading days.

Earlier in October, FXSpotStream launched a new microsecond low-latency architecture, designed to deliver “substantial improvements” to its service’s market data processing times.

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