The multibank FX streaming aggregation and a matching service provider FXSpotStream announced its April trading volumes.
The company reported an ADV of $48.705 billion, down 10.92% MoM compared to March when it reached the second-highest point ever of $54.674 billion.
On yearly basis, the April ADV marked a 43.35% YoY increase.
FXSpotStream’s Overall Volume surpassed $1 trillion for the third time in the company’s history in April 2021.
The company registered $1.071 trillion in Overall Volume, a 14.86% MoM decrease compared to previous month when it was $1.258trillion.
The numbers were still 43.35% higher compared to the same period in 2020.
FXSpotStream’s ADV YTD (January to April 2021 compared to the same period in 2020) rose 11.85% to $50.608 billion when compared to the same period last year.
FXSpotStream recently announced the addition of FX Algos and Allocations functionality over its API. Clients of the company will have access to more than 70 different Algos and 200+ parameters offered by the FXSpotStream Liquidity Providers (LPs).