March Sets New Highs For FX|SpotStream

New ADV Record for FXSpotStream of USD116.9billion set in March 2025

March saw FXSpotStream set a new high in terms of Overall ADV at USD116.891billion. This marked an 11.15% increase MoM (when compared to February 2025) and 41.55% YoY (vs. March 2024). March’s ADV surpasses our previous high of USD105.163billion, set last month in February 2025.

March’s Overall ADV consisted of USD83.072billion in Spot (a new high on the Service) and USD33.819billion across other products (including new highs in Swaps and NDFs).

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