FXSpotStream sees $50.4 billion ADV in October

Steffy Bogdanova
November 2, 2021 8:18 am

FXSpotStream, the provider of a multibank FX aggregation service for spot FX trading, has just published its monthly metrics for October 2021.

The company registered $50.455 billion in average daily volumes in October 2021, its third highest ever.

The numbers were 29.75% higher than in October 2020 and 4.35% more than in September 2021.

The company’s overall volume reached $1.060 trillion, surpassing the $1 trillion mark for a sixth time this year.

FXSpotStream

The overall volume registered a 23.86% YoY increase compared to the same period last year.

FXSpotStream’s ADV YTD rose 14.63% to $48.665 billion last month when compared to October 2020

The October ADV numbers are based on 21 trading days.

Earlier in October, FXSpotStream launched a new microsecond low-latency architecture, designed to deliver “substantial improvements” to its service’s market data processing times.

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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