FastMatch sees record June as FX trading volumes skyrocket 44% to $16.3 billion ADV


Looks like it will be a June to remember for eFX trading platforms.

The latest institutional FX platform to report great June numbers is FastMatch, which saw volumes rise 44% MoM over May to average $16.3 billion for the month. FastMatch’s previous best month was November 2014 at $12.2 billion.

June volumes at FastMatch were helped by the one-day record of $39.8 billion in trades seen on Brexit Friday.

Other results we have seen so far for June from Hotspot FX and Gain Capital’s GTX division indicate a healthy rise in eFX trading volumes in the 20-25% range.

FastMatch is jointly owned by retail forex broker FXCM Inc (NYSE:FXCM) and commercial banks Credit Suisse and BNY Mellon.FastMatch volumes June2016

 

Related News

arrow

FastMatch sees record June as FX trading volumes skyrocket 44% to $16.3 billion ADV

11

Send this to a friend

Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: