Trading activity was down last month across the first set of FX trading platforms to publicly report their volumes.
FXSpotStream reported an average daily volume (ADV) of $31 billion on its platform for November, down 7.2% from $33.4 billion the previous month and down 12.9% year-on-year.
Cboe FX had an ADV of $28.5 billion last month, a 10% decrease from the $31.7 billion it reported in October and down 18.3% compared to the $34.9 billion it reported in November 2018.
The ADV of spot products traded on 360T was $20 billion in November, down 6.9% from $21.5 billion the previous month and down 7.8% from $21.7 billion during the same month last year. These spot volumes include the 360TGTX business plus the streaming and RFS businesses of 360T TEX.
The ADV on Euronext FX was $14.9 billion in November, down 20.3% from $18.7 billion in October and down 26.6% year-on-year. The Euronext FX Tape saw an ADV of $74.2 billion last month, down from $82.7 billion in October and $95.3 billion during the same month last year.