Euronext Reports 17.8% Monthly Jump in September FX Volumes

Fazzaco learned that Euronext, the largest stock exchange in Europe, has released its trading volumes for the month of September 2022, reporting an increase in FX volume from the previous month.

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According to the figures, Euronext's FX volume for September came in at $532.8 billion, which is an increase of 17.8% percent compared to the prior month's $452.3 billion. Additionally, it represented a yearly increase of 30.6 percent from $407.8 billion, which was witnessed in the same period last year.

As a result, the average daily volume (ADV) for the forex market in September was $24.2 billion, another rise on a monthly basis of 23.1 percent compared with August's number of $19.7 billion. On a yearly basis, the ADV FX volume increased by 30.6 percent from $18.5 billion in the same period last year.

For the three months ended 30 September 2022, Euronext's FX volume reached $1.44 trillion, 24.2 percent up from last year's $1.16 trillion. The ADV for the quarter was $21.7 billion, which is an increase of 24.2% percent compared to the prior year's $17.5 billion.