For the second month in a row, multibank FX aggregation service FXSpotStream has reported record figures indicating continued and rapid growth for the company. Both October total volumes of $824.6 billion and average October daily volumes of $35.9 billion set (by a wide margin!) new monthly records for FXSpotStream. Best previous results for the company…
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Multibank FX aggregation service FXSpotStream has reported figures indicating that September 2018 was its busiest month ever, with FX trading coming in at $31.9 billion in average daily volumes. Previous best ever result at FXSpotStream was June’s $30.4 billion ADV. As there were less trading days in September (20) than August (23), total volumes were actually slightly…
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Multibank FX aggregation service FXSpotStream has reported figures indicating that August 2018 volumes were up slightly from July on an average daily volume basis, and due to having more trading days in August surpassed the company's previous best-ever month in terms of total trading volumes. Overall, FXSpotStream supported $652.4 billions of volumes in August, versus…
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After reporting record trading volumes in the first half of the year, multibank FX aggregation service FXSpotStream has reported figures indicating that July volumes were down slightly from June, off 9% to $27.7 billion ADV versus $30.4 billion the previous month. We'd note, however, that June's $30.4B figure was an all-time best for the company.…
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Multibank FX aggregation service FXSpotStream has just announced that June volumes totaled $637.7 billion - down slightly from May's record $645.4 billion, but still up 8% over May in terms of average daily volumes. FXSpotStream is a bank owned consortium operating as a market utility, providing the infrastructure that facilitates a multibank API and GUI to…
Read moreAfter reporting record trading volumes throughout Q1, multibank FX aggregation service FXSpotStream has announced that May volumes totaled $645.4 billion, a record for the company. Average daily volumes of $28.1 billion were slightly off FXSpotStream's record in that regard, $28.8 billion set in February 2018 (but as February had 3 fewer trading days, total volumes in…
Read moreFX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has made a surprise move by exiting the institutional FX business, announcing that it reached a definitive agreement to sell the company's GTX ECN business. GTX, an institutional platform for trading foreign exchange, will be sold to Deutsche Boerse AG (FRA:DB1), a leading diversified exchange organization providing…
Read moreAfter 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…
Read moreAfter two consecutive record months for FX trading volumes to start 2018, multibank FX aggregation service FXSpotStream has announced that March volumes came in at $27.5 billion ADV - slightly (4%) below February's record $28.8 billion ADV, but still topping January’s $26.3 billion making March 2018 FXSpotStream’s second best month ever. FXSpotStream’s previous volume record coming…
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LeapRate Exclusive... Following our earlier report on the 2017 results of exchange operator Euronext NV (EPA:ENX), digging into the results LeapRate has learned that the company's Forex ECN unit FastMatch - which Euronext bought in mid-2017 for $153 million - generated a total of €7.2 million of Revenue for the 4.6 months it was owned by…
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