FXSpotStream hits volume records with October FX trading at $35.9B ADV


FXSpotStream forex volumes

For the second month in a row, multibank FX aggregation service FXSpotStream has reported record figures indicating continued and rapid growth for the company.

Both October total volumes of $824.6 billion and average October daily volumes of $35.9 billion set (by a wide margin!) new monthly records for FXSpotStream. Best previous results for the company were total volumes of $652.4 billion in August 2018, and average daily volumes of $31.9 billion set last month.

FXSpotstream FX volumes Oct2018

Some of the October results to note at FXSpotStream included:

  • October’s ADV hit another record reaching USD 35.85 billion – a MoM ADV increase of 12.44%
  • ADV YoY (Oct ’18 vs Oct ’17) increased 80.19%
  • October’s record high ADV of USD 35.85 billion – the 5th ADV record in 2018 – surpassed the prior ADV high of USD 31.89 billion in September by 12.44%
  • Overall Volume (OV) in October hit an all-time record at USD 824.6 billion
  • OV YoY (Oct ’18 vs Oct ’17) increased 88.38%
  • October’s OV record of USD 824.6 billion exceeds the previous record of USD 652.4 billion by 26.4%
  • ADV for all of 2018 through October is up 51% when compared to the same period last year – still the fastest growing eFX cash venue of 2018
  • ADV figures for October are based on 23 trading days

FXSpotStream Monthly Volumes

 Month
Total Volume*Avg Daily Volume (ADV)ADV Change MoM
ADV Change YoYTrading Days
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.

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FXSpotStream hits volume records with October FX trading at $35.9B ADV

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