Trading Activity in FXSpotStream Continues to Plummet in December Month, ADV Declines by 8.5% M-o-M

fxspotstreamThe trading activity at No Cost Multibank FX aggregation service FXSpotStream, the aggregator service of Liquidity Match LLC, fell in the last month of 2018. It reached the lowest in December 2018, marking consecutive three months fall in trading activity.

During the month, FXSpotStream reported an average daily trading volume of $32.5 billion, registering 8.5 per cent monthly decline from $35.5 billion back in November 2018. The November volume figures were the second-best figure in 2018.

The latest figures include all of the group’s streaming and matching products, which constitute a gain of 64 per cent regarding volumes from November 2018. The average daily volumes in the currency segment went down in December and were affected by seasonal factors and the year-end holidays.

The total trading volumes during the month were $683 billion, which is 12.7 per cent lower month-on-month from $782 billion back in November 2018. The lower trading volumes were due to less number of trading days in December which 21 days compared to 22 days of November. The December volume is also third higher in 2018 and an overall increase of 72.23% year on year from December 2017 figures.

 

Deutsche Borse Closes 2018 with Record Cash Market Order Book Turnover

fxspotstreamDeutsche Borse has announced that its Cash Market order book in 2018 has reached a turnover of  €1.72 trillion in 2018, highest in the record since 2008.  Compared to year-on-year, the figures are 17 per cent higher from €1.47 trillion. The €1.57 trillion of the amount was attributable to Xetra, €40.11 billion to the Börse Frankfurt venue and €105.81 billion to Tradegate Exchange.

The turnover of €1.57 trillion in Xetra in 2018 was shared by Bayer AG at €75.43 billion, (DAX index), Osram Licht AG at €7.41 billion (MDAX index), Puma SE at €1.92 billion (SDAX index) and Wirecard AG at €26.16 billion (TecDAX index). In the Scale 30 index, the Fintech Group AG ranked first with a turnover of €267.34 million.

In December month, the Order book turnover came in at €116.1 billion, compared to €118.0 billion in the previous year. Of this €106.6 billion was contributed by Xetra, €2.7 billion by Börse Frankfurt venue and €6.8 billion by Tradegate Exchange.