Six Swiss Exchange has published its trading activity numbers which have risen significantly in the YTD comparison, up 6.3% YoY, by CHF 1,245.1 billion. The number of trades rose even higher, by 8.4% YoY, to 47,453,956.
FXSpotStream getting closer to all-time high
FXSpotStream added State Street as the 13th bank providing liquidity in late September. The addition of State Street adds to the liquidity available from FXSpotStream’s existing liquidity providers, which include BofA Merrill Lynch, BTMU, BNP Paribas, Citi, Commerzbank AG, Credit Suisse, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, Standard Chartered and UBS.
FastMatch volume ticks 1% lower in November
Forex ECN FastMatch, recently acquired by Euronext NV from Global Brokerage, Credit Suisse and BNY Mellon Corp for $153 million, reported its November trading metrics indicating a month-over-month decline of 1% from October.
Given the steady growth in trading activity seen throughout the year, November’s figures are still very uplifting. Average daily volume in November was $17.8 billion, 1% lower than October’s $18.0 billion ADV, which has already dropped from September‘s $20.9 billion ADV. The record-high to target is May 2017’s $22.5 billion ADV.
Cboe FX Markets at best month since SNB ‘flash crash’
Forex ECN Cboe FX Markets, formerly known as Hotspot FX, was able to report strong November metrics, with trading activity climbing by 6% from October’s $32.0 billion. Being the best month since the Swiss SNB ‘flash crash’ in January 2015, with reported volumes at $34.3 billion ADV, trading activity averaged $33.9 billion in November.
EURUSD was the most traded currency pair, with 22.8% of total trading, followed by USDJPY (16.1%), GBPUSD (10.9%), AUDUSD (7.3%), and USDCAD (6.4%).
GAIN Capital’s GTX flat in November
Finally, retail forex broker Gain Capital’s institutional FX arm GTX has published flat trading volumes in November, similarly to October. Down by only $2 billion in total trading volumes, GTX reported $321 billion in November, barely changed from $323 billion in October. Average daily volume came in at $14.6 billion in November, slightly down from $14.7 billion ADV in October.