FXSpotStream Posts Total Trading Volume of $1.06 Trillion in October 2021

Fazzaco learned that FXSpotStream, which provides a multibank Forex and precious metals streaming service, has posted its trading volumes for October 2021, showing a substantial jump in the average daily volume (ADV).

In October, FXSpotStream reported an overall trading volume of $1.060 trillion, which was a small decline compared to the previous month. October's ADV stood at $50.4 billion, which was up by nearly 4.4 percent compared to September 2021. The ADV rose by 29.8 percent when compared to the same period last year.   

"In October we posted an ADV of USD50.455 billion, an increase of 4.35% vs September '21. October's ADV was the 3rd highest ever for FXSpotStream and follows a 17% MoM increase in September vs August. October's ADV also represents an increase of 29.75% vs October'20 demonstrating FXSpotStream's continued market share gains," the company mentioned.

Earlier last month, Fazzaco reported that FXSpotStream has announced the deployment of a new low-latency architecture​. According to the company, the architecture will improve its market data processing times.