The first group of FX platforms to report average daily
volume (ADV) indicate the steady start to the year continued through April.
CBoE’s HotspotFX reports ADV of $29 billion per day, just
down from March’s 29.7 billion, but 13.8% up year-on-year.
Meanwhile, FastMatchFX has set another high water mark in
ADV terms, eclipsing last month’s $19.2 billion by recording $19.8 billion in
April, up 83.3% from April 2016.
Gain’s GTX also had a steady month, reporting ADV of $11.5
billion, slightly down from March’s $11.8 billion but up 47.4% year-on-year.
Profit & Loss has
reported Hotspot and Fastmatch volumes based upon a 19 day trading month,
whereas GTX has reported on a 20 day basis, including the holiday thinned Good