Multibank FX aggregation service FXSpotStream has announced its February 2019 volumes.
ADV volumes came at $34,835, down 9.2% MoM, but up 21% YoY, in the shortest month of the year. ADV figures for February are based on 20 trading days (in comparison to 22 days in January 2019).
FXSpotStream’s total volume was $696,702 last month.
| Â Month |
Total Volume* | Avg Daily Volume (ADV) | ADV Change MoM |
ADV Change YoY | Trading Days |
| Feb-19 | $696,702 | $34,835 | -9.2% | +20.8% | 20 |
| Jan-19 | $844,081 | $38,367 | +18% | +45.7% | 22 |
*Volumes in USD millions, single count, for all streaming and matching products
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.