FXSpotStream Recorded Highest ADV in the Past 6 Months
Source: Tony
FXSpotStream, the aggregator service offered by LiquidityMatch LLC, released its operational statistics for September 2023, showing a notable monthly uptick. Specifically, the average daily volume (ADV) for September reached $65.9 billion, marking the highest level in six months.
This ADV figure represented an 8.4 percent increase from August 2023 when it stood at $60.8 billion. However, when compared to September 2022's ADV of $73.4 billion, there was a year-over-year decrease of 10.2 percent.
In terms of total turnover for September, it amounted to $1.38 trillion, slightly lower than the previous month's $1.39 trillion. On a yearly basis, this figure was down from the record high of $1.61 trillion observed in September 2022.
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