Brokerages and Exchanges Marks Strong Rebound in Trading Activity in March 2019

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.


Brokerages and Exchanges Marks Strong Rebound in Trading Activity in March 2019

April 2, 2019



CBOE, the largest US options exchange has reported its monthly volumes for the month of March, revealing a turnaround of performance after the disappointing performance in February. 

The firm reported an FX trading volume of $809,511 in March, which is 17.3 per cent higher when compared to the previous month at $609,395. The average daily volume came in at $38,548, which is 11.7 per cent higher compared to that of February. Overall this is the highest trading volume recorded in this year and is also highest since October of last year.

Despite the turnaround in performance, when compared to the yearly timeframe, the volume figures looks dismissal. On an annual comparison, the trading volume fell by 3.44 per cent, down from $838,366 in March of 2018.

Taking a look at the trading volumes in the first quarter of 2019, total volume has been achieved at $ 2,299,044, translating to an ADV of $36,493, which is 0.9 per cent higher compared to the previous quarter.


march figures

FxSpotStream, the aggregator service provider of LiquidityMatch LLC witnessed a rebound in trading activity after a notable dip in volumes in February. The average daily trading volumes at FxSpotStream platform in March is reported at $37.75 billion, which is 8.4 per cent higher on a monthly timeframe and 37 per cent higher on a yearly timeframe from $27.54 billion in March 2018.

For the month, total trading volume came in at $792 billion, which 14 per cent higher on a month-on-month basis from $696 billion and 30 per cent higher on a year-on-year basis from $606 billion.



FastMatch, the FX trading venue of Euronext has reported a strong rebound in operating performance in March with total trading volume coming in at $441.8 billion, which is 22 per cent higher from $363 billion in February 2019. 

The average daily volume in the spot foreign exchange market came in at $21 billion which 16 per cent higher on a month-on-month basis from $18.14 bn and is also highest since August 2017. 

The strong performance is driven by the company’s expansion in the Asian market through the availability of its technology platform to become one of the dominant players in the market.

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