FXSpotStream ADV up 14.5% MoM in November with $44.5 billion

Photo: Leaprate

Multibank FX streaming aggregation and a matching service provider FXSpotStream announced its November volumes with a slight uptick since October and September.

The company reported an ADV of $44.506 billion and their third highest monthly ADV on record (only February and March volumes this year had a higher ADV).

FXSpotStream’s ADV MoM increased 14.45%, compared to Oct, 2020.

On yearly basis, the ADV rose 43.77% compared to Nov, 2019.

FXSpotStream’s 2020 ADV (January to November) was $42.635 billion, up 17% YoY compared to the same period during 2019, when it reached $36.435 billion.

November saw FXSpotStream cross the $10 trillion mark YTD – the first time FSS has supported $10 trillion in any year (in March, alone, volume reached a record high of USD1.372 trillion).

November’s ADV reached $44.506 billion, 16.89% greater than CBOE HotSpot’s ADV of $37.504 billion – exceeding CBOE/HotSpot’s ADV every month since April 2019.

Reprinted from Leaprate, the copyright all reserved by the original author.