FXSpotStream reports volumes off 11% MoM in May to $16.1 billion ADV


Multibank FX aggregation service FXSpotStream has reported that May volumes on its system averaged $16.1 billion (single count) daily, 10.7% below April’s $18.0 billion but 26% more than last year May.

FXSpotStream’s best-ever month was this past February, at $21 billion ADV.

FXSpotStream is a wholly owned subsidiary of LiquidityMatch LLC (which is ultimately a bank owned consortium), and provides the infrastructure that facilitates a multi-bank API and GUI to route trades from clients to Liquidity Providers. FXSpotStream provides liquidity from 12 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 and UBS.

FXSpotStream volumes May2016

 

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FXSpotStream reports volumes off 11% MoM in May to $16.1 billion ADV

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