Multibank FX aggregation service FXSpotStream has reported that September volumes on its system jumped to $15,452 with the impressive 24% MoM (single count) daily. However September volumes were down with 4.7% YoY from September 2015.
FXSpotStream’s best-ever month still remains this past February, at $21 billion ADV.
FXSpotStream is a wholly owned subsidiary of LiquidityMatch LLC (which is ultimately a bank owned consortium), and provides the infrastructure that facilitates a multi-bank API and GUI to route trades from clients to Liquidity Providers. FXSpotStream provides liquidity from 12 leading global banks – BofA Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Citi, Commerzbank AG, Credit Suisse, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, Standard Chartered and UBS.
