FXSpotStream’s ADV is $31,961 in April, down 15% MoM

FXSpotStream forex volumes

Multibank FX aggregation service FXSpotStream has just announced its revenue for the month of April 2019.

The total volume, reported by the company, was $703,135, down 11% from the previous month ($792,863 in March).

With 22 trading days in April, Avg Daily Volume was $31,961, down 15.4% MoM, but up 30% YoY.

The complete results can be seen in the table below:

 Month
Total Volume* Avg Daily Volume (ADV) ADV Change MoM
ADV Change YoY Trading Days
Apr-19 $703,135 $31,961 -15.4% +30.2% 22
Mar-19 $792,863 $37,755 +8.4% +37.1% 21
Feb-19 $696,702 $34,835 -9.2% +20.8% 20
Jan-19 $844,081 $38,367 +18% +45.7% 22
*Volumes in USD millions, single count, for all streaming and matching products

LeapRate reminds that the company started 2019 with a record – January 2019 was FXSpotStream’s best month ever at $38.37 billion ADV– and by a wide margin. ADV volumes came at $34,835 in February, a 9.2% MoM drop, but a 21% YoY rise.

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