FXSpotStream’s March Volumes Snap Out of Tight Consolidation

FXSpotStream LLC, a provider of multibank FX streaming aggregation and matching services across several asset classes, has just reported its latest volumes for the month ending March 2017, with its total volumes jumping out of a tight consolidation.

March has seen a rebound in trading volumes at institutional and retail venues, after what was billed as a largely lackluster February. While last month was devoid of any market drivers or Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term, March 2017 featured much more trading activity as markets snapped out of a subdued state.

During March 2017, FXSpotStream saw an average daily volume (ADV) of $18.8 billion, which was virtually unchanged month-over-month from $18.7 billion back in February 2017. Looking at its total trading volumes however, the group saw $431.9 billion for March 2017, rising by 15.4 percent month-over-month from $374.3 billion in February 2017 – the difference was due to the number of trading days, 23 in March vs. 20 in the month prior.

Looking at a yearly timetable, March 2017 was also higher relative to 2016, with its ADV seeing a slight growth of 6.8 percent year-over-year from $17.6 billion in March 2016. By extension, FXSpotStream’s total volumes climbed 6.4 percent year-over-year from $405.8 billion in March 2016.