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Articles tagged by ADV

Platform Volumes Fall Back in July The first batch of trading venues to provide turnover data indicates that trading volumes in July, perhaps inevitably, retreated from the Brexit-inspired heights of June. HotspotFX reports average daily volume (ADV) of $26.25 billion in July, down 9% from June’s $28.8 billion. ...
EBS Volumes up 1% YoY in July, but Fall 15% MoM ICAP’s EBS average daily volumes (ADV) were up 1% year on year in July, standing at $83 billion. Nevertheless, volumes saw a sharp drop on a month on month basis in July, being down by 15% compared to June, ICAP reports. The ...
Platforms Suffer Mense Horribilis Most FX major trading venues will be glad to see the back of August – following the downbeat results from FastMatch and Hotspot, four other venues have reported a decline in volumes – two registering historic lows and a third the lowest in seven years. The numbers add up to a horrible month for the platforms and, by association, for the wider foreign exchange industry as activity levels continue to dive following June’s Brexit-inspired spike, most will be hoping for a forex rebound in September.
Platforms Benefit from US Poll Volatility Early indications from FX trading platforms suggests all saw a good boost to activity during the US election results sequence. Bats’ Hotspot handled average daily volume (ADV) of $64.5 billion on November 9, the firm says, roughly two and a half times more than the average it had been handling in the first week of the month and significantly higher than last month’s $25.3 billion ADV. FXSpotStream also had a good day, with the firm saying it handled $48 billion on a single count basis, almost three times its volumes which last month were $17.1 billion. FastMatchFX also saw a similar increase in activity, handling $38 billion yesterday, up from the $14 billion it was averaging in November and the $13.6 billion averaged in October.