FXSpotStream’s September Volumes Rebound Higher, Kindled By Volatility

FXSpotStream LLC, a provider of multibank FX streaming aggregation and matching services across multiple asset classes, has released its latest volumes for the month ending September 2016, having showed a healthy uptick in its figures over a MoM basis, according to an FXSpotStream statement.

FM London Summit is quickly approaching, register here!

FXSpotStream is a wholly owned subsidiary of LiquidityMatch LLC – the group utilizes Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term from a total of twelve leading global banks, including such industry leaders as BofA Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Citi, Commerzbank AG, Credit Suisse, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, Standard Chartered, and UBS.

During the month of September 2016, FXSpotStream reported an average daily volume (ADV) of $15.4 billion, which represented a jump of 24.3% MoM from $12.4 billion back in August 2016, which had represented a 2016 low for the venue. With volatility returning to markets, volumes were given a welcome boost, which were reflected in the September figures. In addition, the latest figures in September 2016 also reflect slight decline of -4.7% YoY from September 2015.

Despite securing a sizable gain in September 2016, FXSpotStream’s ADV has been unable to approach a previous peak of $21.0 billion set back in February 2016 – 2016 has been a mixed bag however, with the group finally snapping a consecutive monthly decine in volumes since a June, when the Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term –induced volatility jolted markets worldwide.

September 2016 saw a total of 22 trading days, compared with 23 in the month prior. In terms of total volumes at FXSpotStream, September 2016 showed $339.9 billion, which was also higher by 18.9% MoM $285.8 billion in August 2016.