Institutional FX Trading Volumes Shows Slight Decrease in July 2021
The trading volumes of leading institutional FX and ECN platforms in July have been revealed, generally showing a slight decrease, with all the venues reflecting a decline.
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 slight decrease, from $91.22 billion in June to $88.23 billion in July on average levels. PrimeXM, CLS, Cboe FX and FxSpotStream all reported a slight decrease in average daily FX trading volumes in July versus June, while the other four venues were hit hard. The biggest loser is Integral, with its ADV in July dropping by 13.73 percent compared to June.
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The detailing trading volumes for each venues are as follows:
Cboe Global Markets, Inc. (Cboe: CBOE) reported its July global FX spot trading volume, with $32.68 billions total average daily notional value (ADNV) in 22 trading days, which represents a decrease of 2.1 percent compared to June 2021.
CLS saw average daily traded volumes of USD1.74 trillion in July, down 8.6 percent compared to June 2021.
There was an increase in FX swaps volumes of 4 percent. Compared to July 2020, FX spot volumes rose by 8 percent.
Euronext FX's average daily volumes (ADV) is $18.17 billion in July 2021, which represents a decrease of 6.1 percent compared to June 2021 and an increase of 2.4 percent compared to the same period in 2020.
In July, FxSpotStream's total figure came in at $1.05 trillion, which is down 2.8 percent from $1.08 trillion in the previous year.
The average daily volume (ADV) fell by 2.4 percent to $47.9 billion in July compared to June 2021.
Integral's average daily volumes (ADV) across Integral platforms totalled $44.0 billion in July 2021, which represents a decrease of 13.7 percent compared to June 2021 and an increase of 17.6 percent compared to the same period in 2020.
The total trading volumes across Moscow Exchange's markets In July grew by 10.4 percent to RUB 87.3 trln (RUB 79.1 in July 2020).
FX Market trading volume fell by 6.2 percent to RUB 25.8 trln (July 2020: RUB 27.5 trln), with spot trades amounting to RUB 7.7 trln and swap trades and forwards totaling RUB 18.1 trln.
The FX Market's ADTV was RUB 1,170.6 bln (USD 15.8 bln), compared to RUB 1,250.5 bln (USD 17.5 bln) in July 2020.
PrimeXM has recorded a total of $1.04 trillion in monthly trading volume in July across the 3 major Data Center locations, which represents a 10.67 percent YoY increase in trading activities.
The Average Daily Volume (ADV) in July was $47.26 billion. The total number of trades in July was 30.64 million.
Refinitiv's average daily volumes (ADV) was $84.0 billion, which is down 5.6 percent from the previous month's $89.0 billion.
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