Trading activity at leading ECNs and multibank FX streaming services rose for the second month in a row in April 2024, continuing a fairly strong start to the year in the sector.
After daily trading volumes at leading institutional eFX venues surveyed by FNG increased by 13% in March, activity rose by a further 5% in April. Despite a small decrease in trading at Deutsche Borse’s 360T, each of FXSpotStream, Cboe FX, and EuronextFX reported healthy activity surges during April for the second month in a row – including a best-ever monthly ADV for FXSpotStream, at $91.877 billion.