Cboe Reports Significant Decrease in FX Trading Volumes in April 2021

Fazzaco learned that Cboe FX Markets has posted its trading volume for the month of April, indicating a significant decline in the average daily volume (ADV) and the total volume compared to the previous month.

More specifically, the total ADV for April reached $30.7 billion, and that figure for March 2021 is $38.2 billion. April had a total of 22 trading days, compared to 23 trading days in March 2021. Total trading volume came in at $677 billion compared to $880 billion in a month ago. Options ADV jumped by more than 18% in the first three months of 2021.

Since the start of this year, Cboe saw a consistent jump in FX trading volumes and ADV. However, the latest dip in numbers shows that the overall demand at the trading venue is dropping.

As Fazzaco reported earlier, Cboe published its financial figures for March 2021​, showing an incredible jump in trading volumes. Total trading volume reached more than $880 billion and ADV reached $38.26 billion.