Institutional FX volumes start 2022 strong, January up 20% MoM
Leading institutional FX trading venues began 2022 on a fairly strong note, with trading volumes up across the board following a fairly slow December of FX trading.
Each of the institutional ECNs surveyed – FXSpotStream, Cboe FX, EuronextFX and 360T – reported month-over-month volume increases, which averaged 20% for the group led by EuronextFX’s +26.2%
Cboe FX (formerly HotspotFX)
- January 2022 average daily volumes were $36.56 billion, +23.5% from December’s $29.61 billion.
EuronextFX (formerly FastMatch)
- January 2022 ADV $22.34 billion, +26.2% above December’s ADV of $17.71 billion.
FXSpotStream
- In January FXSpotStream posted its third highest ADV on record of USD52.987billion. This represents an increase of 23.53% vs December ’21, and a 8.06% ADV increase vs January ’21.
- FXSpotStream’s ADV MoM (January ‘22 vs December ‘21) increased 23.53% to USD52.987billion.
- FXSpotStream’s ADV YoY (January ‘22 vs January ‘21) increased 8.06% to USD52.987billion.
- FXSpotStream’s Overall Volume YoY (January ‘22 vs January ‘21) increased 13.46% to USD1.113trillion.
360T
- Average daily volumes (ADV) at 360T came in at $22.69 billion in January 2022, up 6.8% from December’s $21.24 billion.