FXSpotStream releases the third-highest ADV on record at $32.5b in December


FXSpotStream forex volumes

Multibank FX aggregation service FXSpotStream has just announced its trading volumes for the month of December 2018.

FXSpotStream has reported record figures indicating continued and rapid growth for the company back in October.

Unlike most other FX venues, the FXSpotStream Service was open 21 days (versus 20) in December.

  • ADV in December MoM (Dec vs Nov ’18) based on 21 days decreased 8.51% – the third-highest ADV on record at USD32.52 billion. FXSpotStream’s ADV based on 20 days to compare the same trading time period to other FX venues would be USD 34.06 billion, a MoM decrease of 4.17%
  • FXSpotStream’s ADV YoY (Dec ’18 vs Dec ’17) based on 21 days in December increased 64.03%. FXSpotStream’s YoY ADV based on 20 days in December to compare the same trading time period to other FX venues would represent an increase of 71.79%
  • FXSpotStream recorded its 3rd highest Overall Volume in December with USD683 billion, a Year on Year (Dec ’18 vs Dec ’17) overall increase of 72.23%.
  • FXSpotStream’s ADV for all of 2018 was up 53% when compared to the same period during 2017 making FXSpotStream the fastest growing eFX venue in 2018

Note that our ADV figures for December are based on 21 trading days.

 Month
Total Volume*Avg Daily Volume (ADV)ADV Change MoM
ADV Change YoYTrading Days
Dec-18$682,959$32,522-8.5%+64%21
Nov-18$781,995$35,545-0.9%+61.1%22
Oct-18$824,603$35,852+12.4%+80.2%23
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

*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.

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FXSpotStream releases the third-highest ADV on record at $32.5b in December

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