After a period of high volatility, last month saw a significant slowdown in FX markets.
Institutional trading volumes declined across major exchanges globally.
After two
months of significant volatility in the foreign exchange (FX) market, September
brought a noticeable slowdown. The dollar tested over one-year lows, and
institutional investor activity decreased across all markets from Tokyo to
Chicago.
Institutional Spot FX
Volumes Declined in September 2024
Click 365,
responsible for FX futures trading on the Tokyo Financial Exchange (TFX),
recorded a sharp drop in trading volumes of over 33% to 1.9 million contracts.
The average daily volume (ADV) shrank to 92,300 compared to 131,900 reported a
month earlier. Year-over-year, volumes saw a modest increase of 1.1%.
The highest
activity, as in previous months, was observed in futures for the USD/JPY
currency pair. Here, the ADV contracted to 36,900 contracts, down 17%. However,
on an annual basis, the indicator rebounded by almost 13%.
Source: Click 365
A decline
in volumes in September was also noted in the United States, where Cboe spot
volumes fell below $1 trillion to $980.7 billion. Although last month had fewer
trading days than August (21 vs. 22), the ADV still shrank from $49.9 billion
to $46.7 billion.
The entire
third quarter managed to close with better results: total volume reached $3.1
trillion over 66 trading days, compared to $3 trillion in Q2. Compared to the
previous year, there was a significant jump from $2.8 trillion reported in Q3
2023.
Europe Also See Declines
On the
German stock exchange-owned 360T, volumes also contracted in September, with
their total value falling from $682 billion to just under $661 billion.
However, ADV grew modestly, reaching $31.5 billion, compared to $31 billion
reported in August.
Source: Euronext FX
As for
Euronext FX's Fastmatch, the situation unfortunately aligned with the broader
market trend. Total volume reached $579 billion, down from $638 billion the
previous month. ADV returned to $28 billion, similar to July, after rebounding
to $29 billion in August.
The silver
lining is that for all four trading centers mentioned above, year-over-year
results were better. For example, Euronext FX reported a volume of $503 billion
for September 2023, while 360T reported $585.8 billion.
After two
months of significant volatility in the foreign exchange (FX) market, September
brought a noticeable slowdown. The dollar tested over one-year lows, and
institutional investor activity decreased across all markets from Tokyo to
Chicago.
Institutional Spot FX
Volumes Declined in September 2024
Click 365,
responsible for FX futures trading on the Tokyo Financial Exchange (TFX),
recorded a sharp drop in trading volumes of over 33% to 1.9 million contracts.
The average daily volume (ADV) shrank to 92,300 compared to 131,900 reported a
month earlier. Year-over-year, volumes saw a modest increase of 1.1%.
The highest
activity, as in previous months, was observed in futures for the USD/JPY
currency pair. Here, the ADV contracted to 36,900 contracts, down 17%. However,
on an annual basis, the indicator rebounded by almost 13%.
Source: Click 365
A decline
in volumes in September was also noted in the United States, where Cboe spot
volumes fell below $1 trillion to $980.7 billion. Although last month had fewer
trading days than August (21 vs. 22), the ADV still shrank from $49.9 billion
to $46.7 billion.
The entire
third quarter managed to close with better results: total volume reached $3.1
trillion over 66 trading days, compared to $3 trillion in Q2. Compared to the
previous year, there was a significant jump from $2.8 trillion reported in Q3
2023.
Europe Also See Declines
On the
German stock exchange-owned 360T, volumes also contracted in September, with
their total value falling from $682 billion to just under $661 billion.
However, ADV grew modestly, reaching $31.5 billion, compared to $31 billion
reported in August.
Source: Euronext FX
As for
Euronext FX's Fastmatch, the situation unfortunately aligned with the broader
market trend. Total volume reached $579 billion, down from $638 billion the
previous month. ADV returned to $28 billion, similar to July, after rebounding
to $29 billion in August.
The silver
lining is that for all four trading centers mentioned above, year-over-year
results were better. For example, Euronext FX reported a volume of $503 billion
for September 2023, while 360T reported $585.8 billion.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
Cboe Files SEC Proposal for 24x5 Trading on EDGX: Also Plans Partial-Payout Prediction Markets
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
