FXSpotStream’s Average Daily Volume Dropped 5.8% on a Monthly Basis in October

Fazzaco learned that FXSpotStream, a FX streaming aggregation service provider, has published its monthly trading metrics for October 2022. The company witnessed a jump in its average daily volume (ADV) for the period compared to October 2021.

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According to the data, the firm had a total volume figure of $1.452 trillion, compared with September's $1.614 trillion. The total figure in the month declined by 10 percent when compared with the previous month, while on a year-on-year basis it increased by more than 37 percent.

The average daily volume (ADV) for October came in $69.1 billion, which is an decrease of 5.8 percent on a monthly basis. On a yearly basis, ADV rose by 37 percent compared to the same period last year.

In September, FXSpotStream's ADV of USD73.351 billion is a 20.45% increase MoM over August's ADV of USD60.898 billion and a 51.7% increase YoY when compared to last September. In Q3 2022, FXSpotStream supported USD4.359 trillion, with a Q3 ADV of USD 66.048 billion.