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FXSpotStream has best ever month with September FX trading volumes at $31.9B ADV



FXSpotStream forex volumes

Multibank FX aggregation service FXSpotStream has reported figures indicating that September 2018 was its busiest month ever, with FX trading coming in at $31.9 billion in average daily volumes.

Previous best ever result at FXSpotStream was June’s $30.4 billion ADV.

As there were less trading days in September (20) than August (23), total volumes were actually slightly below August’s record of $652.4 billion, at $637.7 billion in September.

FXSpotstream FX volumes Sep2018

Some of the September results to note at FXSpotStream included:

  • FXSpotStream breaks another ADV record registering an ADV of USD31.885 billion during the month of September.
  • 4 ADV records have been set in 2018 – January, February, June and September.
  • September’s ADV of USD31.885 billion represents a 12.41% MoM increase over August. The record ADV represents a 5% increase from the previous ADV record set in June of USD30.368 billion.
  • September’s ADV of USD31.885 billion represents an increase of 33.19% over September 2017’s ADV of USD23.94 billion.
  • FXSpotStream’s YoY Growth contributed to a total of USD5.461 trillion transacted on the Service, an increase of 47% when compared to the same period in 2017.
  • FXSpotStream remains the fastest growing eFX cash venue in 2018 – ADV has increased 47% in 2018 vs the same period in 2017.
 Month
Total Volume* Avg Daily Volume (ADV) ADV Change MoM
ADV Change YoY Trading Days
Sept-18 $637,707 $31,885 +12.4% +33.2% 20
Aug-18 $652,398 $28,365 +2.4% +47.6% 23
Jul-18 $609,704 $27,714 -8.7% +57.9% 22
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

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FXSpotStream has best ever month with September FX trading volumes at $31.9B ADV

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