FXSpotStream's Trading Volumes in May 2023 Rises to $1.28T
Source: Chloe
FXSpotStream, an FX streaming aggregation service provider, has unveiled its trading metrics for May 2023. The monthly trading volumes reached $1.28 trillion, an increased of 16 percent compared to $1.1 trillion in April.
The average daily volume (ADV) for the month stood at $55.5 billion, growing slightly over the previous month’s $55.3 billion. The figure, however, declined 5 percent from $58.4 billion in May 2022.
Last month, FXSpotStream has onboarded Jeremy Rose, an experienced, client focused individual who boasts a track record of working in leading financial technology companies, as Senior Vice President (SVP) and Head of Liquidity Management.
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