FXSpotStream and Integral Post Increases in Volumes

by Victor Golovtchenko
  • The summer lull over the market continues but things are looking upbeat year-on-year.
FXSpotStream and Integral Post Increases in Volumes
FM

Trading volumes reports from the institutional space continue to come in. The month of August is proving to be a solid one despite the typical summer lull in trading volumes around this time of the year.

FXSpotStream and Integral are the latest two venues to have come out with their numbers. Emerging market FX Volatility has been one of the main drivers this month, also reflecting on general risk sentiment across the markets.

The main volatility triggers have been associated with political events. The massive decline of the Turkish lira and the global US dollar Liquidity squeeze led the way. With the market pricing in two more rate hikes from the Fed before the end of the year, the EMFX turmoil is only expected to last.

The Numbers in August

The numbers at FXSpotStream continue to be particularly upbeat with the company registering almost 48 percent growth in ADVs when compared to last year. On to the numbers, the firm shares that total trading volumes amounted to $652.4 billion. This nets just below $28.4 billion daily, a figure which is higher by 2.4 percent when compared to the previous month.

Looking at Integral, the company posted an 11 percent increase year-on-year at $33.5 billion per day in August 2018. The figures include volumes originating from BankFXTM, MarginFXTM , InvestorFXTM, and Integral MTFTM in all transaction types, including spot, forwards, and swaps.

“Our bank and broker customers continue to outperform their competition and acquire market share,” said Harpal Sandhu the CEO of Integral. The company’s nominal result is behind only that of CBOE FX (formerly known as Hotspot), at least among the companies which have already reported their August figures.

That said, FXSpotStream continues acquiring market share across major electronic FX trading venues with the company continuing on its streak from the first half of the year. The venue has been leading the way ahead of CBOE FX and Fastmatch in terms of year-on-year growth.

Trading volumes reports from the institutional space continue to come in. The month of August is proving to be a solid one despite the typical summer lull in trading volumes around this time of the year.

FXSpotStream and Integral are the latest two venues to have come out with their numbers. Emerging market FX Volatility has been one of the main drivers this month, also reflecting on general risk sentiment across the markets.

The main volatility triggers have been associated with political events. The massive decline of the Turkish lira and the global US dollar Liquidity squeeze led the way. With the market pricing in two more rate hikes from the Fed before the end of the year, the EMFX turmoil is only expected to last.

The Numbers in August

The numbers at FXSpotStream continue to be particularly upbeat with the company registering almost 48 percent growth in ADVs when compared to last year. On to the numbers, the firm shares that total trading volumes amounted to $652.4 billion. This nets just below $28.4 billion daily, a figure which is higher by 2.4 percent when compared to the previous month.

Looking at Integral, the company posted an 11 percent increase year-on-year at $33.5 billion per day in August 2018. The figures include volumes originating from BankFXTM, MarginFXTM , InvestorFXTM, and Integral MTFTM in all transaction types, including spot, forwards, and swaps.

“Our bank and broker customers continue to outperform their competition and acquire market share,” said Harpal Sandhu the CEO of Integral. The company’s nominal result is behind only that of CBOE FX (formerly known as Hotspot), at least among the companies which have already reported their August figures.

That said, FXSpotStream continues acquiring market share across major electronic FX trading venues with the company continuing on its streak from the first half of the year. The venue has been leading the way ahead of CBOE FX and Fastmatch in terms of year-on-year growth.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3423 Articles
  • 7 Followers
About the Author: Victor Golovtchenko
  • 3423 Articles
  • 7 Followers

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