FXSpotStream Reports 16.9% Monthly Rise in September ADV

Fazzaco learned that FXSpotStream, a FX streaming aggregation service provider, has published its monthly trading metrics for September. The company witnessed a jump in its total volume for the period compared to August 2021.

Meet the Fazzaco Team at Booth #43 at iFX EXPO International 2021

According to the press release, the firm had a total volume figure of $1.06 trillion in September, compared with August’s $908 billion. On a yearly basis, the total volume in FXSpotStream skyrocketed 10.64%, as the last year’s figure was $61 billion.

The average daily volume (ADV) for September came in $48.353 billion, which is a surge of 16.9% on a monthly basis. On a yearly basis, ADV rose by 10.6% compared to the same period last year.

Fazzaco Lucky Draw Time: Sign up with Fazzaco App to Win Mobile for Free

In August, the firm had a total volume figure of $908.87 billion, down from the number seen in July of $1.05 trillion. Average Daily Volume fell by 13.7 percent to $35 billion compared to July 2021.

Earlier this year, FXSpotStream has added FX Algos and Allocation functionality​ over its API. The new services has provided its clients with over 70 different Algos and more than 200 parameters offered by the Liquidity Providers (LPs).