FXSportStream Reports Uptick in October Trading Volumes

In October, FXSportStream’s total average daily volume (ADV) increased 2% month-on-month (MoM) to $67.8 billion. The company’s spot ADV jumped 1.14% MoM to $52.8 billion, while the “Other ADV” category reached $15 billion.

In September, FXSportStream’s spot ADV was $52.2 billion, and the “Other ADV” category stood at $14 billion. The total ADV for the month amounted to
$66 billion. These figures highlighted the company’s ability to maintain stability in the face of
evolving market conditions.

Amidst declining forex volumes, the New Jersey-based
provider of multibank price streaming services reported a decrease in ADV for August, which fell to $60.8 billion. This occurred after two months of
rising figures, mirroring the overall trend in the institutional forex
market. Finance Magnates reported that August exhibited mixed results for FXSportStream’s spot
forex
Forex

Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi

Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Read this Term transactions among institutional investors, with a predominantly downward
trajectory.