FXSpotStream reported a strong performance in December 2021 and a successful year for the company.
The multibank FX aggregation service provider for spot FX trading registered an ADV of $42.894 billion in December. This was a 0.25% increase on yearly basis. FXSpotStream has reported a yearly increase each month this year, except one.
On a monthly basis, the ADV decreased 16.77%, following our 3rd highest ever ADV in November 2021.
The overall volume for December reached $986.560 billion, marking a 4.81% YoY rise compared to December 2020.
The December volumes are based on 23 trading days.
The company’s ADV for the year 2021 went up 13.48% to $48.397 billion.
The overall volume for 2021 touched $12.583 trillion, surpassing the $12 trillion mark for the first time in FXSpotStream’s history. The overall volumes also marked a 13.48% increase compared to the previous year.
FXSpotStream highlighted that 2021 was especially successful for the company. Its monthly volumes surpassed $1 trillion seven times last year, compared to only once in previous years.
Last year, FXSpotStream launched of a new low-latency architecture worldwide, bringing improvements to its service’s market data processing times.
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.