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Euronext FX Reports Lower ADV in 2019, Higher Revenues

Euronext reports 2019 spot FX trading activity on Euronext FX (formerly FastMatch), recorded average daily volumes of $18.3 billion during the year, down 9.2% from the $20.1 billion recorded in 2018. The exchange says volume was impacted by a low volatility environment throughout 2019. Meanwhile, spot FX trading generated €22.9 million of revenue in 2019, up +5.6% compared to €21.7 million in 2018, which the exchange attributes to improved yield management.

Meanwhile, during Q4, spot FX trading activity recorded average daily volumes of $16.5 billion in Q4 2019, down -15.3% compared to $19.5 billion in Q4 2018, impacted by a low volatility environment through the quarter. Spot FX trading generated €5.8 million of revenue in Q4 2019, up +4.0% compared to €5.5 million in 2018, again, due to improved yield management, says the firm.

Julie Ros

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