FXSpotStream continues its record FX volumes in June

FXSpotStream FX volumes

Multibank FX aggregation service FXSpotStream has just announced that June volumes totaled $637.7 billion – down slightly from May’s record $645.4 billion, but still up 8% over May in terms of average daily volumes.

FXSpotStream is a bank owned consortium operating as a market utility, providing the infrastructure that facilitates a multibank API and GUI to route trades from clients to Liquidity Providers. FXSpotStream provides liquidity from 13 leading global banks – BofA Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Citi, Commerzbank AG, Credit Suisse, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, Standard Chartered, State Street and UBS.

The complete results can be seen in the table below:

Total Volume* Avg Daily Volume (ADV) ADV Change MoM
ADV Change YoY Trading Days
Jun-18 $637,719 $30,368 +8.2% +49.5% 21
May-18 $645,411 $28,061 +14.3% +60.8% 23
Apr-18 $515,696 $24,557 -10.9% +43.5% 21
Mar-18 $606,011 $27,546 -4.5% +46.7% 22
Feb-18 $576,631 $28,832 +9.5% +54.1% 20
Jan-18 $579,463 $26,339 +32.8% +39.7% 22

*Volumes in USD millions, single count, for all streaming and matching products.

Details of trading volumes on FXSpotStream for the month of June 2018 include:

  • FXSpotStream closed June with another volume high exceeding USD30 billion daily for the first time since the Service went live in April 2012
  • FXSpotStream’s ADV record of USD30.368 billion in June reflects a 5.33% increase from the previous ADV record back in February 2018 of USD28.8 billion
  • MoM June’s ADV of USD 30.368 billion was up 8.22% vs May’s ADV of USD28.061 billion
  • YoY June’s ADV was up 49.52% when compared to June of 2017
  • 51.09% volume increase in Q2 2018 (April – June) vs Q2 2017 (April – June), and in every month of Q2 YoY ADV and OV percentages increased
  • For the first half 2018 ADV is up 48.80% when compared to the same period in 2017 – an increase of USD1.15 trillion

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