FXSpotStream, provider of a multi-bank FX aggregation service for spot FX trading, has released its monthly metrics for July 2022.
During last month, the average daily volume came in at $64.04 billion.
July overtook June as the firm’s second highest ADV ever. The numbers increased 0.3% compared to the previous month when the ADV stood at $63.84billion.
Additionally, the ADV was 33.7% higher compared to the same period during the previous year.
In July, FXSpotStream’s overall volume stood at $1.35 trillion. The numbers were 27.6% up from the $1.29 trillion, recorded in June 2022. The firm highlighted that this is the seventh month in a row to bring overall trading volume surpassing $1 trillion.
The ADV recorded from January to July, came in at $62.05 billion, up by 25.3% compared to the same period last year.
The July ADV numbers are based on 21 trading days.