FXSpotStream posts its second highest ADV ever of $49.036 billion

Steffy Bogdanova
February 2, 2021 8:32 am

The multibank FX streaming aggregation and a matching service provider FXSpotStream announced its January trading volumes. The company posted its second highest ADV ever of $49.036 billion.

FXSpotStream reported increased 14.6% MoM increase in ADV for January 2021, compared to $42.8 billion in December 2020.

On yearly basis, the company registered a 32.41% rise in ADV, compared to $37 billion in January 2020.

FXSpotStream

Moreover, the company’s January 2021 ADV is 14.98% compared to the ADV for all of 2020 of &42.648billion.

January overall volume reached $980.7 billion while for December it was $941.3 billion. December had 22 trading days, while January had 20.

January’s ADV of $49.036billion is the company’s second highest ADV on record, behind March 2020’s ADV of $62.378 billion.

January’s volume figures continue their momentum from 2020. In 2020:

  • FXSpotStream’s 2020 ADV YoY increased 18.52% to %42.648billion from 2019.
  • FXSpotStream crossed the $11trillion for the first time ever in 2020 in terms of overall volume supported for the year.
  • FXSpotStream registered new highs in terms of ADV ($62.378billion in March), Monthly Volume ($1.372trillion) and Daily Volume ($89.6billion on March 9, 2020).

FXSpotStream recently announced plans to launch functionality to support FX Algos and Allocations over its API.

LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
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