Institutional FX trading volumes up 8% in June completing strong 1H-2023
Leading institutional FX trading venues completed what was overall a very good first half of 2023, posting an 8% MoM increase in volumes for June.
All of the eFX venues canvassed by FNG – FXSpotStream, Cboe FX, 360T and EuronextFX – saw an uptick in activity during June, led by FXSpotStream’s 13.5% increase.
Cboe FX (formerly HotspotFX)
- June 2023 average daily volumes were $43.880 billion, +7.5% from May’s $40.826 billion.
EuronextFX (formerly FastMatch)
- June 2023 ADV $23.372 billion, +8.5% from May’s ADV of $21.549 billion.
FXSpotStream
- June’s ADV was USD62.983billion. This marked an uptick of 13.49% MoM when compared to May 2023.
- FXSpotStream’s ADV MoM (June’23 vs May’23) increased 13.49%.
- FXSpotStream’s ADV YoY (June’23 vs June‘22) decreased 1.34%.
360T
- Average daily volumes (ADV) at 360T came in at $26.839 billion in June 2023, up 4.0% from May’s $25.810 billion.