FXSpotStream hits first ADV record of the new year, up 18% MoM

FXSpotStream forex volumes

Multibank FX aggregation service FXSpotStream keeps up with its records in January 2019.

LeapRate reminds that January 2018 FX trading volumes came in at $26.3 billion ADV, making January 2019 FXSpotStream’s best month ever at $38.37 billion ADV – and by a wide margin.

January 2019 trading volumes highlights include:

  • FXSpotStream starts off 2019 by hitting its first ADV record of the new year at USD 38.37 billion, an increase of 17.97% MoM (Jan ‘19 vs Dec ’18)
  • January’s ADV of USD 38.37 billion represents a YoY increase of 45.67% over the ADV in January 2018 of USD 26.3 billion
  • January’s ADV represents an increase of 7.01% over the prior ADV record in October of last year of USD 35.9 billion
  • January 3rd hit a new record daily volume at USD 51.80 billion beating our previous daily record of USD 49 billion on US Election Day in 2016 by 5.50%
  • FXSpotStream has also recorded its Highest Overall Volume in January 2019 with an overall volume of USD 844 billion, a YoY overall increase of 45.67%
  • FXSpotStream’s January ADV was 5.47% higher than CBOE HotSpot’s – the third consecutive month (November, December, January) FXSpotStream’s ADV has exceeded that of CBOE HotSpot
  • January’s records follow a record ADV increase in all of 2018 of 53% over 2017

ADV figures for January are based on 22 trading days.

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.

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