FXSpotStream April FX volumes down 11% MoM to $24.6 billion ADV


After reporting record trading volumes throughout Q1, multibank FX aggregation service FXSpotStream has announced that April volumes came in at $24.6 billion ADV, down 11% from March’s $27.5 billion.

However, in the big picture, April was still FXSpotStream’s third best month ever. By comparison, FXSpotStream’s previous volume record coming into 2018 was $23.9 billion ADV in September 2017. By another comparison measure, FXSpotStream averaged $19.5 billion in daily volumes during 2017. On a year-to-year basis, volumes were up 44% over last year.

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

FXSpotStream is a bank owned consortium operating as a market utility, providing the infrastructure that facilitates a multibank API and GUI to route trades from clients to Liquidity Providers. FXSpotStream provides liquidity from 13 leading global banks – BofA Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Citi, Commerzbank AG, Credit Suisse, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, Standard Chartered, State Street and UBS.

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FXSpotStream April FX volumes down 11% MoM to $24.6 billion ADV

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