FXSpotStream Average Daily Volume Drops 7% in October With Almost $39 Billion

Illustration photo of FXSpotStream from LeapRate

Multibank FX streaming aggregation and a matching service provider FXSpotStream announced its October volumes with a slight fall since September and August.

The company reported an average daily volume (ADV) of $38.885 billion, with a drop of 6.6% compared to last month. The numbers were up by 16.6% compared to October 2019.

FXSpotStream’s 2020 ADV (from January to September) was $42.455 billion, up 14.85% compared to the same period during 2019 of $36.965 billion.

October’s ADV was $38.885 billion and 25.66% greater than CBOE HotSpot’s ADV of $30.994 billion – exceeding CBOE/HotSpot’s ADV every month since April 2019.

Reprinted from https://www.leaprate.com/forex..., the copyright all reserved by the original author.