Institutional Spot FX ADV in October 2023 See Mixed Results
The institutional spot FX average daily volume of major platforms declined overall in October 2023. Among the six major institutions, only Cboe FX and FxSpotStream reported an increase in their spot FX average daily volume (ADV), while CLS, Euronext FX, 360T, and Moscow Exchange saw a decrease month-on-month. Refinitiv's data was excluded from this month.