Published On: Mon, May 1st, 2017

FXSpotStream forex volumes down 9% in April at $17.1 billion ADV

InstaForex

Multibank FX aggregation service FXSpotStream has reported that volumes on its system were down 9% MoM in April.

Average daily volume at FXSpotStream came in at $ 17.1 billion in April – versus $ 18.8 billion in March, $ 18.7 billion in February and $ 18.9 billion in January – making April the slowest month to date in 2017 at FXSpotStream, with the lowest total trading volumes since September 2016.

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 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 monthly volumes

 Month
Total Volume* Avg Daily Volume (ADV) ADV Change MoM
ADV Change YoY Trading Days
Apr-17 $ 342,322 $ 17,116 -8.9% -4.8% 20
Mar-17 $ 431,899 $ 18,778 +0.3% +6.4% 23
Feb-17 $ 374,279 $ 18,714 -0.8% -10.8% 20
Jan-17 $ 414,863 $ 18,857 +7.3% -5.6% 22
Dec-16 $ 386,705 $ 17,578 -21.2% +33.5% 22
Nov-16 $ 490,498 $ 22,295 +30.4% +69.1% 22
Oct-16 $ 359,176 $ 17,104 +10.7% +24.5% 21
Sept-16 $ 339,942 $ 15,452 +24.3% -4.7% 22
Aug-16 $ 285,831 $ 12,427 -36.8% -20.6% 23
Jul-16 $ 412,617 $ 19,648 -5.3% +39.6% 21
Jun-16 $ 456,490 $ 20,750 +29.2% +41.5% 22
May-16 $ 353,326 $ 16,060 -10.7% +26% 22
Apr-16 $ 377,543 $ 17,978 +1.9% +41% 21
Mar-16 $ 405,823 $ 17,644 -15.9% +23.8% 23
Feb-16 $ 440,517 $ 20,977 +5% +57% 21
Jan-16 $ 399,477 $ 19,974 +51.7% +21.6% 20

* Volumes in USD millions, single count, for all streaming and matching products.

LeapRate

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>