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Multibank FX aggregation service FXSpotStream reported a record average daily volume (ADV) of USD 179.118 billion for September 2026, replacing the previous high of USD 173.6 billion set in March this year.
September's total comprised USD 129.515 billion in spot, also a new high for the service, and USD 49.603 billion in other products. Total ADV was 16.00% higher than in August 2026 and 43.00% higher than in September 2025.
For the year to date, January to September 2026, FXSpotStream's overall ADV of USD 158.152 billion is 44.88% higher than the same period last year. The September figures are based on 22 trading days.
September at a glance
• Total ADV: USD 179.118 billion, up 16.00% month on month and 43.00% year on year.
• Spot ADV: USD 129.515 billion, up 20.14% month on month and 57.59% year on year.
• Other products ADV: USD 49.603 billion, up 6.40% month on month and 15.16% year on year.
A second September record
This is the second year in a row that September has produced a record month for FXSpotStream. In September 2025, overall ADV reached a then-record USD 125.26 billion, a level the service passed again in October 2025 with USD 129.614 billion.
Twelve months on, September's ADV is around USD 53.9 billion higher. Spot accounts for USD 47.3 billion of that increase, rising from USD 82.19 billion in September 2025 to USD 129.515 billion. Other products grew from USD 43.07 billion to USD 49.603 billion over the same period.
Spot made up around 72% of total volume in September 2026, compared with around 66% a year earlier.
Records through 2026
FXSpotStream opened the year with a then-record USD 154.3 billion in January, with spot ADV at USD 108.1 billion. Overall ADV then reached USD 173.6 billion in March, when spot peaked at USD 127.922 billion. September's spot figure of USD 129.515 billion now replaces that March peak as the highest on the service.
The year-to-date average has also moved higher, from USD 155.169 billion at the end of June to USD 158.152 billion at the end of September.
When FXSpotStream began publishing supported volumes at the start of 2016, ADV stood at around USD 20 billion. September's total is close to nine times that level. Historical ADV for FXSpotStream and other major spot FX venues is available on the spot FX volume data page.
Liquidity providers and RateStream
FXSpotStream connects 19 bank liquidity providers, with BNY the most recent addition in September 2025.
In May 2026, parent company LiquidityMatch launched RateStream, a fixed income streaming service that applies the same no-cost-to-taker model to the rates market, initially focused on US Treasuries. Full coverage of the launch is available here.
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