FXSpotStream reports another strong month with March FX volumes at $27.5 billion ADV

After two consecutive record months for FX trading volumes to start 2018, multibank FX aggregation service FXSpotStream has announced that March volumes came in at $27.5 billion ADV – slightly (4%) below February’s record $28.8 billion ADV, but still topping January’s $26.3 billion making March 2018 FXSpotStream’s second best month ever.

FXSpotStream’s previous volume record coming into 2018 was $23.9 billion ADV in September 2017. By another comparison measure, FXSpotStream averaged $19.5 billion in daily volumes during 2017.

FXSpotStream fx volumes March2018

Overall volume in March at FXSpotStream was $606 billion, topping February’s $576.63 billion, noting that there were more trading days in March than February.

In another measure, comparing Q1 2018 (Jan-March) versus Q4 2017 (Oct-Dec) ADV increased by 33.5%.

FXSpotStream Monthly Volumes

Total Volume* Avg Daily Volume (ADV) ADV Change MoM
ADV Change YoY Trading Days
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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