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Steady FX Volumes in April

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
Friday.

 

Profit & Loss

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