FXSpotStream, the aggregator service of LiquidityMatch LLC, has reported a new record for its average daily currency trading volume in February 2023, reaching $105.2 billion. This is a new peak, surpassing the previous record set in September 2024.
Significant Increase in Trading Volume
According to FXSpotStream's report, the average daily volume (ADV) for February came in at $105.2 billion, showing a 4% increase from the previous month and a 45% year-over-year rise. Key factors contributing to the volume increase were geopolitical conflicts and high market volatility.
New Liquidity Providers Involved
In October, FXSpotStream welcomed ANZ as its 17th liquidity provider. ANZ joined major players such as Bank of America, Barclays, BNP Paribas, and Citi, providing clients with extended access to ESP and RFS trading protocols.
Features of FXSpotStream Platform
FXSpotStream provides a multibank FX aggregation service for spot trading, operating as a bank-owned consortium. Clients can connect via GUI or a single API at co-location sites in New York, London, and Tokyo, enabling communication with connected liquidity providers.
FXSpotStream continues to gain momentum amid high market volatility, offering services that attract new participants and boost trading volumes.
