FXSpotStream sees $63 billion ADV in February

Steffy Bogdanova
March 1, 2022 3:30 pm

FXSpotStream, the provider of a multibank FX aggregation service for spot FX trading, has just published its monthly metrics for February 2022.

The company noted that prior to the recent events it was on track to register its second highest ADV. However, due to the recent volatility that started late last week, the firm’s ADV rose to the highest ever.

The company registered $63.135billion in average daily volumes in February 2022. Its daily volume on 24 February reached $113.665billion.

FXSpotStream

The ADV numbers were 19.15% higher than in January 2022 and 27.30% on a yearly basis.

FXSpotStream’s overall volume reached $1.263trillion, up 27.30% YoY increase compared to the same period last year.

The February ADV numbers are based on 20 trading days.

The company’s ADV for the first two months of 2022 has reached $57.937billion, an increase of 17.48% compared to the same period last year

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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