Cboe FX Markets Witnesses 7.1% MoM Decline in Total Volume for Feb. 2023

Cboe FX Markets, Cboe's institutional spot FX platform, revealed its monthly trading volume for February 2023, illustrating flat performance on trading volume on a MoM basis.

Cboe Spot recorded a total trading volume of $837,915 million for the month, dropping by 7.1% compared to $901,860 million in January 2023 and basically the same as that of February 2022 which amounted to $840,221 million.

The Average Daily Volume (ADV) for February 2023 reached $41,896 million, comparing to $40,994 million in the prior month and $42,011 million in the same period of 2022.

This February had 20 trading days, the same as February 2022 but 2 days fewer than January 2023.

Cboe FX Markets attaches great important on Liquidity management over the fast few years. Last month, the platform had joined the EcoSystem of oneZero​, a global leader in multi-asset enterprise trading technology on liquidity clearing, to improve its ability of liquidity service providing.