Institutional Spot FX Trading Volume Total Sees A M-o-M 12.97% Spike in November

Due to the impact of the U.S Elections, the institutional spot FX trading volumes of major platforms have seen an all-round surge across November 2024. Among the five major institutions, the total sees a 12.97% rise monthly. The max. growth comes from CME EBS, up 21.44%. The trading volume details of each are as follows:

Cboe FX

In November 2024, Cboe FX's spot ADV increased from US$42.83 billion in October to US$47.706 billion, an 11.38% increase. The year-on-year comparison shows a 3.92% rise from US$46.75 billion of November 2023.

Euronext FX

In November 2024, Euronext FX's spot ADV increased from US$26.21 billion in October to US$29.214 billion, the m-o-m increase is 11.46%. The year-on-year comparison shows a 20.15% rise from US$23.08 billion of November 2023.

FxSpotStream

In November 2024, FxSpotStream's spot ADV increased from US$66.8 billion in October to US$72.28 billion, up 8.20%. The year-on-year comparison shows a 34.31% rise from US$52.76 billion of November 2023.

360T

In November 2024, 360T's spot ADV increased from US$28.59 billion in October to US$31.623 billion, a 10.61% m-o-m rise. The year-on-year comparison shows a 16.75% rise from US$27.085 billion of November 2023.

CME EBS

In November 2024, CME EBS's spot ADV increased from US$58.3 billion in October to US$70.8 billion, up 21.44%. The year-on-year comparison shows a 26.20% rise from US$50.8 billion of November 2023.