Multibank FX aggregation service FXSpotStream has just released its volumes report for the month of August.
August’s ADV reached a new record of USD43.247 billion, representing a MoM (Aug ’19 vs July ’19) increase of 19.23% and a YoY (Aug ’19 vs Aug ’18) increase of 52.46%.
FXSpotStream set a new daily volume record of USD58.814 billion on August 1st exceeding the prior daily record of USD52.537 billion by 11.95%.
August’s Overall Volume reached a new record of USD951.432 billion.
FXSpotStream ‘s ADV for all of 2019 is USD37.398 billion vs the ADV for the same period in 2018 of USD27.719 billion.
FXSpotStream’s ADV for all of 2019 (January – August) is up 35% when compared to the same period during 2018, continuing to again make FXSpotStream the fastest growing eFX Service in 2019 and continuously for the last 20 months.
August’s ADV of USD43.247 billion was 26.61% greater than CBOE HotSpot’s ADV of USD33.092 billion – exceeding CBOE/HotSpot’s ADV every month since November 2018, with the exception of 1 month.
ADV figures for August are based on 22 trading days.
The complete results can be seen below:
| Month |
Total Volume* | Avg Daily Volume (ADV) | ADV Change MoM |
ADV Change YoY | Trading Days |
| Aug-19 | $951,432 | $43,247 | +19.2% | +52.5% | 22 |
| Jul-19 | $834,219 | $36,270 | -14.2% | +30.9% | 23 |
| Jun-19 | $845,159 | $42,258 | +21.2% | +39.2% | 20 |
| May-19 | $802,275 | $34,882 | +9.1% | +24.3% | 23 |
| 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.