Institutional Spot FX Trading Volume Total Rises 18.05% Monthly

The institutional spot FX trading volumes of major platforms in January 2025 have seen an all-round bounce back. Among the five major institutions, the total sees a 18.05% rise monthly. The max. growth comes from 360T, up 25.60%. The trading volume details of each are as follows:

Cboe FX

In January 2025, Cboe FX's spot ADV rose from US$40.983 billion in December to US$47.447 billion, a 15.77% increase. The year-on-year comparison shows an 8.75% rise from US$43.628 billion of January 2024.

Euronext FX

In January 2025, Euronext FX's spot ADV rose from US$24.033 billion in December to US$27.726 billion, the m-o-m increase is 15.37%. The year-on-year comparison shows an 11.20% rise from US$24.933 billion of January 2024.

FxSpotStream

In January 2025, FxSpotStream's spot ADV rose from US$62.225 billion in December to US$72.285 billion, up 16.17%. The year-on-year comparison shows a 32.06% rise from US$54.737 billion of January 2024.

360T

In January 2025, 360T's spot ADV rose from US$28.143 billion in December to US$35.347 billion, an 25.60% m-o-m rise. The year-on-year comparison shows a 28.48% rise from US$27.512 billion of January 2024.

CME EBS

In January 2025, CME EBS's spot ADV rose from US$55.8 billion in December to US$66.5 billion, up 19.18%. The year-on-year comparison shows a 20.91% rise from US$55 billion of January 2024.