Cboe FX Markets Sees 2% MoM Decrease in Total Volume in July

Cboe FX Markets, a foreign exchange (forex) provider to the institutions, has published its monthly trading volume numbers for July 2021. The demand for the platform’s services decreased on a month-on-month basis.

​More specifically, the broker registered a total volume of $719 billion, down by 2% compared to $734 billion in June 2021. That number for the same period in 2020 was $690.7 billion. Average daily volume (ADV) for the month reached $32.68 billion, compared to $33.3 billion in the previous month. July had a total of 22 trading days. 

As Fazzaco reported earlier, Cboe Global Markets has reported its financial results for Q2 2021​. Its net revenues reached $351 million in the second quarter, increasing around 18% compared to Q2 2020.