FastMatch registers FX ADV of $11.1B in February, down 5.9% MoM

Institutional electronic FX platform FastMatch has had a relatively robust February, with trading volumes registering a small drop in monthly terms and an almost twofold rise in annual terms.

Average daily volumes amounted to $11.1 billion in February 2016, down 5.9% from the result of $11.9 billion reported for January 2016. In annual terms, the result for last month looms rather strong, as it is up 94.7% from the ADV of $5.7 billion reported in February 2015.

Let’s also note that the February 2016 ADV reading is the second strongest since November 2014.

As March 2016 has already started, it is perhaps useful to recall that effective today FastMatch is introducing significant fee reductions. For instance, the fee is $1.50 per million notional for clients trading more than ADV $2 billion notional and trading is FREE on all volume above ADV $3 billion notional on FastMatch anonymous ECN.


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FastMatch registers FX ADV of $11.1B in February, down 5.9% MoM


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