FXSpotStream, provider of a multi-bank FX aggregation service for spot FX trading, has released its monthly metrics for February 2023.
Last month, the average daily volume came in at $62.86 billion.
ADV numbers recorded an uptick in January and February after a slight decrease in the last three months of 2022 following the firm’s highest ADV ever in September.
February ADV increased 3.8% on monthly basis, compared to the $60.57 billion recorded the previous month.
On yearly basis, however, last month’s ADV fell 0.4% compared to February 2022.
Last month, FXSpotStream’s overall volume stood at $1.26 trillion. The numbers were 5.26% down from the $1.33 trillion, recorded in January 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 20 trading days.
