FXSpotStream Sees 11.1% Monthly Jump in March ADV

Fazzaco learned that FXSpotStream, a FX streaming aggregation service provider, has published its monthly trading metrics for March 2022. The company witnessed a jump in its total volume for the period compared to February 2022.

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According to the press release, the firm had a total volume figure of $1.61 trillion, compared with February's $1.26 trillion. The total figure in March jumped by 27.7 percent when compared with the previous month, while on a year-on-year basis it increased by more than 28 percent.

The average daily volume (ADV) for March came in $70.1 billion, which is an increase of 11.1% on a monthly basis. On a yearly basis, ADV rose by 28.2% compared to the same period last year.

In February 2022, FXSpotStream had a total volume figure of $1.26 trillion, compared with January's $1.11 trillion. The total figure in February jumped by 9 percent when compared with the previous month, while on a year-on-year basis it increased by more than 21 percent.