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 October 2020.
On yearly basis, the ADV rose 43.77% compared to November 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 USD1.372trillion).
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.