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GTX has best ever month in May 2018 ahead of sale to 360T


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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
Swap Dealer               52,386            2,277.64
Total            437,840              19,037
% Change vs. April 2018 Total Volume ADV
ECN + SEF 38% 26%
Swap Dealer 90% 74%
Total 43% 30%
% Change vs. May 2017 Total Volume ADV
ECN + SEF 56% 56%
Swap Dealer -12% -12%
Total 43% 43%

The data presented includes GTX’s swap dealer business which provides “voice” agency execution services, representing about 20% of total volumes.

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GTX has best ever month in May 2018 ahead of sale to 360T

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