The Pan-European derivatives exchange Euronext released its trading volumes for April 2023. The company’s total FX spot trading volume dropped 24.4% compared to previous month.
FX Spot trading, formerly known as FastMatch, registered $393.9 billion for the period compared to $521.2 billion in March 2023.
On yearly basis, the numbers fell 23.9% from April 2022, when the exchange posted $517.3 billion.
The average daily volume in FX for last month came in at $19.7 billion. Compared to March’s $22.6 billion, this was also a 13.1% MoM decrease.
Total Cash Market numbers in April stood at $185.2 billion, down by 36% MoM compared to previous month. On yearly basis, the exchange saw a 18% decrease.
Derivatives markets on Euronext rose 31% MoM in April to 11.2 million contracts. Compared to March, the numbers dropped 35.3%.
