institutional fx volumes

April’s volumes include Good Friday (April 7) which was officially a trading day but had naturally very little activity.

Each of the leading institutional FX houses reported increases including FXSpotStream, EuronextFX, Deutsche Borse’s 360T, and Cboe FX.

It was a month of mixed results, with FXSpotStream, EuronextFX and Deutsche Borse’s 360T seeing a slight rise in trading.

Each of Cboe FX, EuronextFX, FXSpotStream and 360T posted activity increases between 5% and 21% as compared to December.

Each of Cboe FX, EuronextFX, FXSpotStream and 360T posted MoM activity declines of between 9% and 16% in December 2022.

October saw FX trading volumes drop by about 9% at leading ECNs, and now November seems to have been another weak month.

Following what was a record month across leading institutional FX venues in September 2022, things slowed somewhat in October.

The Euro and British Pound hit multi-year lows against the US Dollar in September 2022, leading to rising trading volumes.

All the eFX firms surveyed by FNG reported a decline in August of between 3% and 10%, averaging as a group 6.4%.

Some normalcy returned to the world of institutional FX trading in July 2022, with the sector seeing its typical summer slowdown.