2024 Starts with a Record ADV
January’s Total ADV was an ADV Record High for FXSpotStream at USD73.645billion, with Spot ADV of USD54.737billion and Other ADV of USD18.902billion.
Details of our January total volumes can be found below:
- FXSpotStream’s Total ADV MoM (Jan’24 vs Dec’23) increased 13.64%
- FXSpotStream’s Total ADV YoY (Jan’24 vs Jan’23) increased 21.59%
- FXSpotStream’s Spot ADV MoM (Jan’24 vs Dec’23) increased 11.23%
- FXSpotStream’s Spot ADV YoY (Jan’24 vs Jan’23) increased 10.22%
- FXSpotStream’s Other ADV MoM (Jan’24 vs Dec’23) increased 21.24%
- FXSpotStream’s Other ADV YoY (Jan’24 vs Jan’22) increased 73.35%
Please note that our ADV figures for January are based on 22 trading days.
FXSpotStream CTO, Tom San Pietro, commented, “In 2023 we made the decision to focus on our core franchise and the roll out of our new tech stack for market data distribution. This resulted in increased wallet share from existing clients and meaningful new client acquisition. The FSS team saw the momentum in our business building toward the end of last year and could not be more pleased that this total team effort has culminated in a record month to kick off 2024.”