The slow summer months are definitely behind us as institutions report trading is up across the currency market.
FX trading is back in fashion as all major ECNs report a strong pick up in trading volumes during September. This will come as a rather surprising relief for companies whose profits derive from trading volumes, after August has proven to be a seasonal slowdown.
The foreign Exchange ECN of BATS Global Markets has marked perhaps the most impressive rebound in absolute terms in September, with the trading volume increasing by about 19.5 percent month over month from $520.5 billion to $621.8 billion - over a $100 billion growth in nominal terms. Looking at the year-on-year comparison, the figure is still impressive, up by 8 per cent from September 2015's $575.9 billion.
When comparing the average daily volumes (ADV) metrics the improvement is even more pronounced over August, marking just over 25 per cent from $22.6 billion to $28.3 billion daily. This is despite the fact that Hotspot numbers are typically less volatile when compared to its peers.
GAIN GTX
GAIN Capital’s GTX has been performing steadily throughout the year and is back to levels around January's performance with the ECN volume for September reaching $186.3 billion - up a whopping 24.2 percent from August's total of $150 billion.
Just like with BATS Hotspot, looking at the average daily volumes (ADV) metrics the improvement at GTX was even more pronounced when compared to August, marking over 30.7 per cent from $6.5 billion to $8.5 billion daily. The ADV growth is almost the same level when looking at it year by year as GTX reported only $6.6 billion in September 2015.
Fastmatch
Over at Fastmatch trading volumes have increased by about 27.4 per cent on a nominal basis from August's $236.4 billion to $301.1 billion in September 2016. The figure is also much higher when examined on a year-on-year basis, growing by about 75 per cent from Fastmatch’s performance in September 2015.
Looking at average daily volumes, the monthly increase has been more pronounced in September yielding an average of $13.7 billion daily, a figure which is up by 33 per cent when compared to August.
FXSpotStream
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.
FX trading is back in fashion as all major ECNs report a strong pick up in trading volumes during September. This will come as a rather surprising relief for companies whose profits derive from trading volumes, after August has proven to be a seasonal slowdown.
The foreign Exchange ECN of BATS Global Markets has marked perhaps the most impressive rebound in absolute terms in September, with the trading volume increasing by about 19.5 percent month over month from $520.5 billion to $621.8 billion - over a $100 billion growth in nominal terms. Looking at the year-on-year comparison, the figure is still impressive, up by 8 per cent from September 2015's $575.9 billion.
When comparing the average daily volumes (ADV) metrics the improvement is even more pronounced over August, marking just over 25 per cent from $22.6 billion to $28.3 billion daily. This is despite the fact that Hotspot numbers are typically less volatile when compared to its peers.
GAIN GTX
GAIN Capital’s GTX has been performing steadily throughout the year and is back to levels around January's performance with the ECN volume for September reaching $186.3 billion - up a whopping 24.2 percent from August's total of $150 billion.
Just like with BATS Hotspot, looking at the average daily volumes (ADV) metrics the improvement at GTX was even more pronounced when compared to August, marking over 30.7 per cent from $6.5 billion to $8.5 billion daily. The ADV growth is almost the same level when looking at it year by year as GTX reported only $6.6 billion in September 2015.
Fastmatch
Over at Fastmatch trading volumes have increased by about 27.4 per cent on a nominal basis from August's $236.4 billion to $301.1 billion in September 2016. The figure is also much higher when examined on a year-on-year basis, growing by about 75 per cent from Fastmatch’s performance in September 2015.
Looking at average daily volumes, the monthly increase has been more pronounced in September yielding an average of $13.7 billion daily, a figure which is up by 33 per cent when compared to August.
FXSpotStream
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.
EU Parliament Imposes €10,000 Cash Payment Limit in New Anti-money Laundering Legislation
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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