Muted Changes Seen at FXSpotStream and Integral Volumes for July
- Integral said the average daily volumes (ADV) across its platforms totaled $37.4 billion in July 2020.
Activity on FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, dropped slightly last month, but it was still well above the $900 billion mark across its streaming and matching products. The company reported an average daily volume (ADV) of $40.4 billion. This deteriorated on a monthly basis by 7 percent from $43.2 billion back in June 2020. Still, the ADV figure increased by 11 percent from year-ago levels, when weighed against $36.2 billion in July 2019.
FXSpotStream also saw a mild drop across its total trading volumes in July 2020 after reporting just $929 billion for the month. This was down 3 percent from $952 billion in June. The difference seen can’t be explained by fewer working days since July saw a total of 23 trading days relative to 22 days in the month prior.
FXSpotStream provides a multibank FX aggregation service for spot FX trading. The platform operates as a bank-owned consortium that provides the infrastructure to facilitate the route of trades from clients to 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 providers.
Integral Reports a Slight Advance
Elsewhere, institutional Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term provider, Integral reported its monthly trading volumes for July. This demonstrated improvement compared to June and also the year earlier.
Integral said that the average daily volumes (ADV) across its platforms totalled $37.4 billion in July 2020, which rose by 6.6 percent over a monthly timeframe, compared to $35.1 billion in June.
Additionally, July volumes were above those reached in the same month a year ago. Specifically, the latest figures reflect a 10 percent increase when weighed against the metrics of July 2019.
Overall, the changes in volumes across major ECNs and institutional platform were muted compared to 2019. This was aside a small drop month-over-month, which may have been to lower volatility across certain currencies in the reported month.
Activity on FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, dropped slightly last month, but it was still well above the $900 billion mark across its streaming and matching products. The company reported an average daily volume (ADV) of $40.4 billion. This deteriorated on a monthly basis by 7 percent from $43.2 billion back in June 2020. Still, the ADV figure increased by 11 percent from year-ago levels, when weighed against $36.2 billion in July 2019.
FXSpotStream also saw a mild drop across its total trading volumes in July 2020 after reporting just $929 billion for the month. This was down 3 percent from $952 billion in June. The difference seen can’t be explained by fewer working days since July saw a total of 23 trading days relative to 22 days in the month prior.
FXSpotStream provides a multibank FX aggregation service for spot FX trading. The platform operates as a bank-owned consortium that provides the infrastructure to facilitate the route of trades from clients to 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 providers.
Integral Reports a Slight Advance
Elsewhere, institutional Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term provider, Integral reported its monthly trading volumes for July. This demonstrated improvement compared to June and also the year earlier.
Integral said that the average daily volumes (ADV) across its platforms totalled $37.4 billion in July 2020, which rose by 6.6 percent over a monthly timeframe, compared to $35.1 billion in June.
Additionally, July volumes were above those reached in the same month a year ago. Specifically, the latest figures reflect a 10 percent increase when weighed against the metrics of July 2019.
Overall, the changes in volumes across major ECNs and institutional platform were muted compared to 2019. This was aside a small drop month-over-month, which may have been to lower volatility across certain currencies in the reported month.