Institutional FX Trading Volumes Shows 9.2% Decrease in August 2021
The trading volumes of leading institutional FX and ECN platforms in August have been revealed, generally showing a sharp decrease, with only two venues reflecting a slight increase.
The report covers Average Daily Volume (ADV) of institutional FX trading volumes from eight major venues, namely Cboe FX, CLS, Euronext FX, FxSpotStream, Integral, Moscow Exchange, PrimeXM and Refinitiv.
Institutional FX volumes reflected a sharp decrease, from $88.23 billion in July to $80.11 billion in August on average levels. Cboe FX, CLS, Euronext FX, FxSpotStream, Moscow Exchange all reported a sharp decline in average daily FX trading volumes in August versus July, with Refinitiv reflecting a slight decrease. However, Integral and PrimeXM reflected a slight increase.
The detailing trading volumes for each venues are as follows:
Cboe Global Markets, Inc. (Cboe: CBOE) reported its August global FX spot trading volume, with $28.9 billion total average daily notional value (ADNV) in 22 trading days, which represents a decline of 11.5 percent compared to July 2021.
CLS saw average daily traded volumes of USD1.67 trillion in August, down 4 percent compared to July 2021.
There was an increase in FX swaps volumes of 4 percent. Compared to August 2020, FX spot volumes fell by 5 percent.
Euronext FX's average daily volumes (ADV) is $15.82 billion in August 2021, which represents a decrease of 12.9 percent compared to July 2021 and a sharp decline of 16.5 percent compared to the same period in 2020.
In August, FxSpotStream's total figure came in at $908.87 billion, which is down 13.4 percent from $1.05 trillion in the previous month.
The average daily volume (ADV) fell by 13.7 percent to $35.0 billion in August compared to July 2021.
Integral's average daily volumes (ADV) across Integral platforms totalled $44.2 billion in August 2021, which represents an increase of 0.45 percent compared to July 2021 and an increase of 11.1 percent compared to the same period in 2020.
The total trading volumes across Moscow Exchange's markets In August grew by 5.9 percent to RUB 79.7 trln (RUB 75.3 in August 2020).
FX Market trading volume fell by 14.8 percent to RUB 23.0 trln compared to the same period of 2020, with spot trades amounting to RUB 6.5 trln and swap trades and forwards totaling RUB 16.5 trln.
The FX Market's ADTV was RUB 1,045.4 bln (USD 14.2 bln), compared to RUB 1,287.6 bln (USD 17.4 bln) in August 2020.
PrimeXM has recorded a total of $1 trillion in monthly trading volume in August across the 3 major Data Center locations, which represents a 23 percent YoY increase in trading activities.
The Average Daily Volume (ADV) in August was $48.42 billion. The total number of trades in August was 27.15 million.
Refinitiv's average daily volumes (ADV) was $81.0 billion, which is down 3.6 percent from the previous month's $84.0 billion.
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