Following news last week that CboeFX and GTX had hit new records for FX average daily volume (ADV), FXSpotStream has now also reported a new peak in activity.
In February the platform says it handled $28.8 billion, a 9.5% increase on January, which was itself a new record high, and 53.7% up on February 2017.
CME Group, meanwhile reports a very slight decrease in FX activity from January, but a strong year-on-year rise.
The Merc says it handled 1,087,000 contracts per day in its FX futures and options business, down less than 1% from January’s 1,093,000. Profit & Loss estimates this to represent a notional volume of $107.5 billion per day, of which roughly 10% is in options products. Year-on-year, CME’s FX volume is up 43%.