FXSpotStream Posts 47.2% Yearly Jump in ADV for August 2022

Fazzaco learned that FXSpotStream, a FX streaming aggregation service provider, has published its monthly trading metrics for August 2022. The company witnessed a jump in its average daily volume (ADV) for the period compared to August 2021.

According to the data, the firm had a total volume figure of $1.401 trillion, compared with July's $1.345 trillion. The total figure in the month declined by 4.2 percent when compared with the previous month, while on a year-on-year basis it increased by more than 54 percent.

The average daily volume (ADV) for August came in $60.9 billion, which is an decrease of 4.9% on a monthly basis. On a yearly basis, ADV rose by 47.2% compared to the same period last year.

Last month, FXSpotStream's total trading volumes came in at $1.34 trillion, compared with June's $1.404 trillion. ADV up by 0.1 percent to $64.04 billion compared to June's $63.84 billion, and it strengthened by 33.7 percent on a YoY basis.