Tag: Euronext FX

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, […]

Platform Volumes Suggest November Slowdown

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 […]

Platforms Report Mixed Results for September

There’s been little by way of discernable trends amongst the trading volumes reported for September by the first set of FX trading platforms to do so publicly. Cboe FX reported an average daily volume (ADV) of $30.4 billion for September, down 8.2% from the $33.1 billion it reported in August and down 15% from the […]

White Joins Euronext FX

Ben White has joined Euronext FX as a sales director for EMEA. Based in London, White joins from State Street, where he had worked as an assistant vice president for EMEA sales for Currenex for over a year. Prior to that, White spent three years at Santander, most recently as an e-FX client associate. Before […]

And Another Thing…

I am struggling to find someone who was not surprised by the BIS data on Monday, I think most of us who study the FX committee semi-annual data closely expected somewhere around the $6 trillion mark, but obviously it blew through that by another 10%. This very much reflects the growth in emerging markets to […]

Yount Joins Euronext FX

Kelly Yount has joined Euronext FX, formerly called FastMatch, as a sales director. Based in New York, Yount joins from Citi, where she worked for just over a year as a director in the bank’s FX prime brokerage business. Prior to that, Yount spent over a decade at EBS as a director of non-bank strategic […]

CboeFX Volumes Flat, Euronext FX Rebound in June

The first two platforms to report June average daily volume indicates that activity rose slightly in June from May, reinforcing a small rebound from April’s lows. CboeFX ADV was unchanged month-on-month at $33.1 billion per day, but 12.4% down year-on-year, while Euronext FX reports ADV of $19.3 billion, up 11.6% from May but down 12% […]

In the FICC of It

In the FICC of it is one year old this week, and, aside from expressing surprise they got this far, Colin Lambert and Galen Stops celebrate by plunging into two of the themes covered in the first podcast that still resonate today. Stops talks about the evolution of Euronext FX and has two questions for […]

Primary Venues See FX Uptick in May

Data from three primary FX venues has confirmed earlier releases from platforms indicating that while spot FX activity rebounded in May from a poor April, it remains lower around 20-25% lower year-on-year. Refinitiv says its platforms handled $86 billion per day in May, up 6.2% from April but down 19.6% from May 2018 and it […]