FXSpotStream forex volumes up 2% in May to $17.5 billion ADV


fxspotstream fx volume

Continuing the string of fairly flat to slightly up trading volumes at leading eFX platforms we’ve seen for the month of May, multibank FX aggregation service FXSpotStream has reported that volumes on its system were up 2% MoM in April.

Average daily volume at FXSpotStream came in at $17.5 billion in April, versus $17.1 billion in April. However that’s still below the volume levels FXSpotStream was seeing earlier this year, of $18.8 billion in March, $18.7 billion in February and $18.9 billion in January. However, as we’ve noted for other institutional platforms, if we remove May 1 (May Day) and US Memorial Day on May 29 from the calculations, ADV would be have been $18.3 billion, a 7% increase MoM and more in line with Jan-Feb-Mar.

FXSpotStream forex volumes May2017

 

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 12 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 and UBS.

 Month
Total Volume*Avg Daily Volume (ADV)ADV Change MoM
ADV Change YoYTrading Days
May-17$401,400$17,452+2%+8.7%23
Apr-17$342,322$17,116-8.9%-4.8%20
Mar-17$431,899$18,778+0.3%+6.4%23
Feb-17$374,279$18,714-0.8%-10.8%20
Jan-17$414,863$18,857+7.3%-5.6%22
Dec-16$386,705$17,578-21.2%+33.5%22
Nov-16$490,498$22,295+30.4%+69.1%22
Oct-16$359,176$17,104+10.7%+24.5%21
Sept-16$339,942$15,452+24.3%-4.7%22
Aug-16$285,831$12,427-36.8%-20.6%23
Jul-16$412,617$19,648-5.3%+39.6%21
Jun-16$456,490$20,750+29.2%+41.5%22
May-16$353,326$16,060-10.7%+26%22
Apr-16$377,543$17,978+1.9%+41%21
Mar-16$405,823$17,644-15.9%+23.8%23
Feb-16$440,517$20,977+5%+57%21
Jan-16$399,477$19,974+51.7%+21.6%20

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

Related News

arrow

FXSpotStream forex volumes up 2% in May to $17.5 billion ADV

1

Send this to a friend

Subscribe to LeapRate
PGlmcmFtZSBzcmM9Ii93cC1jb250ZW50L2E0bHIvaGFuMTZyZXNfNjI1eDQwMC5odG1sIiB3aWR0aD0iNjI1IiBoZWlnaHQ9IjQwMCIgZnJhbWVib3JkZXI9IjAiIHN0eWxlPSJib3JkZXI6bm9uZTsiIHNlYW1sZXNzPjwvaWZyYW1lPg==
PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM5NSIgc3JjPSJodHRwczovL3d3dy55b3V0dWJlLmNvbS9lbWJlZC80Mzc5MThJbFc5ST9yZWw9MCZjb250cm9scz0wJnNob3dpbmZvPTAiIGZyYW1lYm9yZGVyPSIwIiBhbGxvdz0iYXV0b3BsYXk7IGVuY3J5cHRlZC1tZWRpYSIgYWxsb3dmdWxsc2NyZWVuPjwvaWZyYW1lPg==
Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry:
PGlmcmFtZSBzcmM9Imh0dHBzOi8vczMtZXUtd2VzdC0xLmFtYXpvbmF3cy5jb20vZW1haWwubG1heHN0YXRpYy5jb20vaHRtbDUvTGVhcHJhdGUvTE1BWERpZ2l0YWwyNTB4OTAvTE1BWERpZ2l0YWw2MDB4NDI1UG9wVXBHcmV5Lmh0bWwiIGZyYW1lYm9yZGVyPSIwIiB3aWR0aD0iNjAwIiBoZWlnaHQ9NDI1Ij48L2lmcmFtZT4=
PGlmcmFtZSBzcmM9Imh0dHBzOi8vd3d3LmxlYXByYXRlLmNvbS9hNGxyMTcvdWZ4MTgvNjAweDQyNV8xc3QtVGltZUxlYXBSYXRlLWVuLUdCX0hUTUw1Lmh0bWwiIGZyYW1lYm9yZGVyPSIwIiB3aWR0aD0iNjAwIiBoZWlnaHQ9NDI1Ij48L2lmcmFtZT4=
PGlmcmFtZSBzcmM9Ii8vY2RuLmJhbm5lcnNuYWNrLmNvbS9iYW5uZXJzL2JjaWVod29iOC9lbWJlZC9pbmRleC5odG1sP3VzZXJJZD0zMTU5MzQwNiZ0PTE1MTAxMzg3MTAiIHdpZHRoPSIxMDAlIiBoZWlnaHQ9IjEwMCUiIHNjcm9sbGluZz0ibm8iIGZyYW1lYm9yZGVyPSIwIiBhbGxvd3RyYW5zcGFyZW5jeT0idHJ1ZSIgYWxsb3dmdWxsc2NyZWVuPSJ0cnVlIj48L2lmcmFtZT4=