FXSpotStream Reports 13.7% Decline in ADV in August 2021

Fazzaco learned that FXSpotStream, which provides a multibank Forex and precious metals streaming service, has posted its trading volumes for the month of August, showing a decline in ADV compared with July 2021.

More specifically, total trading volumes for the broker in August came in at $908.87 billion, compared with July's $1.05 trillion. Average Daily Volume (ADV) fell by 13.7 percent to $35 billion compared to July 2021($47.91 billion), it strengthened by 0.5 percent on a YoY basis. The number of trading days in August is 22 days.

​As Fazzaco reported earlier, FXSpotStream has reported its financials for July​. The broker saw a total trading volume of $1.05 trillion. According to the July 2021 statistics, the ADV fell by 2.4 percent to $47.9 billion in July compared to June 2021.