Multibank FX aggregation service FXSpotStream has reported that June volumes on its system are steady at $20.7 billion (single count) daily, much higher than May’s $16.1 billion.
FXSpotStream’s best-ever month was this past February, at $21 billion ADV, but June almost beat its record.
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.
