FastMatch Reports Solid ADV Results For April
- FastMatch records month-on-month increase in FX Average Daily Volume for April 2016.
FastMatch, an online foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) Electronic Communications Network (ECN) Electronic Communications Network (ECN) Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki Read this Term) has reported an increase in trading volumes for the month of April both on a monthly and annual basis.
The latest figures follow what was basically a flat month in March, in part due to the Easter holidays where $232.5 billion was transacted through the ECN.
April's figures revealed a monthly volume of $227.1 billion. Despite the higher average daily volume, the overall monthly volume was seemingly lower than the previous month as April had only 21 working days while March had 23 days for trading.
In April, on an average daily volume basis, numbers were $10.8 billion, up 6.9 percent compared with $10.11 billion recorded in March 2016. In annual terms, the ADV in April 2016 recorded a 35% rise compared with the ADV of $8 billion in April 2015.
FastMatch, an online foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) Electronic Communications Network (ECN) Electronic Communications Network (ECN) Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki Read this Term) has reported an increase in trading volumes for the month of April both on a monthly and annual basis.
The latest figures follow what was basically a flat month in March, in part due to the Easter holidays where $232.5 billion was transacted through the ECN.
April's figures revealed a monthly volume of $227.1 billion. Despite the higher average daily volume, the overall monthly volume was seemingly lower than the previous month as April had only 21 working days while March had 23 days for trading.
In April, on an average daily volume basis, numbers were $10.8 billion, up 6.9 percent compared with $10.11 billion recorded in March 2016. In annual terms, the ADV in April 2016 recorded a 35% rise compared with the ADV of $8 billion in April 2015.