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Screenshot of a breaking news alert e-mail from Q2 2017
Just two days after announcing that it had been acquired by Deutsche Boerse’s 360T for $100 million, institutional FX platform GTX has reported its best-ever month, setting record trading volumes in May 2018.
May’s average daily volume at GTX ECN of $16.8 billion exceeded the previous $16.1 billion record set in February this year.
Total monthly volume of $385.5 billion at GTX ECN in May surpassed the previous $322.7 billion also set in February.
The venue also set a daily volume record May 29 of $26.8 billion. GTX reported that there were five days in May which bested the previous daily record of $25.9 billion set on February 6 this year.
|May 2018||Total Volume||ADV|
|ECN + SEF||385,454||16,758.87|
|% Change vs. April 2018||Total Volume||ADV|
|ECN + SEF||38%||26%|
|% Change vs. May 2017||Total Volume||ADV|
|ECN + SEF||56%||56%|
The data presented includes GTX’s swap dealer business which provides “voice” agency execution services, representing about 20% of total volumes.