Explore Companies BySectors & Categories
Explore Companies ByUse Cases
Explore Companies ByProducts & Services
Explore Companies ByRankings & Reviews
Featured NewsCompaniesMarketsCryptoTechRegulatoryCommentaryUKUSWorldMore

    Latest Wires

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy

      FXSpotStream Reports Another ADV Record High

      Published: just now

      FXSpotstream

      April 02, 2024 - Bank-owned market utility for SpotFX, NDFs and Swaps liquidity, FXSpotStream have reported another record high for march 2024, showing another record Average Daily Volume (ADV) for the month after reporting a previous record high in January this year.

       

      The network's total ADV in March hit $82.577 billion, an increase of 14.17% on February. Spot FX ADV was reported at $58.184 billion, the second highest monthly ADV on record, following the $59.192 billion for September 2022. 

      Fxss Adv March 24

      FXSpotStream's Monthly SpotFX ADV, August 2017 - March 2024 (source LiquidityFinder)

       

      FXSpotStream volumes were reported by the company as:

       

      ▪️ Total ADV Month-on-Month (March 2024 vs February 2024) increased 14.17%
       

      ▪️ Total ADV Year-on-Year  (March 2024 vs March 2023) increased 23.68%
       

      ▪️ Spot ADV Month-on-Month (Mar 2024 vs Feb 2024) increased 12.26%
       

      ▪️ Spot ADV Year-on-Year (March 2024 vs Mar 2023) increased 7.66%
       

      ▪️ Other ADV Month-on-Month (March 2024 vs February 2024) increased 19.00%
       

      ▪️ FXSpotStream’s Other ADV Year-on-Year (March 2024 vs March 2023) increased 91.73%

       

      These numbers are another piece of good news for Jeff Ward who kicked off his official role as CEO of FXSpotStream at the beginning of this year after the departure of Founder Alan Schwartz earlier in 2023. Schwartz ran the business for 11 years from inception.

       

      Jeff Ward Fx Spot Stream Ceo


      Jeff Ward, CEO, FXSpotStream

       

      During 2022 FXSpotStream made over 70 different Algos and 200+ Algo parameters from FXSpotStream supported multiple LP available via a normalised API and the FXSpotStream GUI. Building on this, In the past few months, FXSpotStream have added more Liquidity Providers to its service, with the addition of NatWest in October 2023  and Wells Fargo last month, bringing the total number of bank LPs via one sinlge API to a total of 16.

       

      Click the links below to contact FXSpotStream to learn more about the services provided by the company and to 'Follow' their news and posts on LiquidityFinder.

       

      Click here to see FXSpotStream's SpotFX ADV historically on LiquidityFinder. 

      FXSpotStream provides the infrastructure that facilitates a full disclosed multibank API and GUI to send orders from clients to up to 16 Tier 1 Liquidity Providers.

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
      Comments
      Most Recent
      Written By
      profile image formember on LiquidityFinder
      Founder & CEO, LiquidityFinder

      Founder of LiquidityFinder. 25+ years in Financial Markets technology. Now building the world's financial markets social network / marketplace.

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy
      RSS Feeds

      Create a custom RSS Feed

      Select the categories and companies you wish to follow directly to your person rss feed.

      Create Custom RSS Feed

      Related Categories:

      Related Tags:

      #FXSpotStream#AverageDailyVolume#SpotFX#JeffWard#ForexLiquidity#NDFs#CurrencySwaps

      Related Articles:

      Find The Right Partners for
      Your Trading Business

      Sign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!

      Create Your FREE Account
      Get access to latest news, updates, real-time data, brokerage and trading firm insights and customized information feeds.

      Theorem has integrated Symbiotic’s Liquid Lane RFQ network, letting holders of tokenised real-world assets trade against on-chain pool liquidity and market-maker quotes. The integration is live on Ethereum, with Midas’s yield-bearing mHYPER fund as the first supported asset. Holders can trade for the USDC stablecoin.

      just now

      FM Summit London 2026 returns to Old Billingsgate on 24 November for its 15th edition, with LMAX Group, Plus500 and oneZero among confirmed exhibitors. The one-day event adds Business Connect meetings and roundtables, and opens with a networking evening at The Folly on 23 November.

      just now

      Finance Magnates Summit London returns to Old Billingsgate on 24 November 2026 for its 15th edition. The one-day event brings together brokers, liquidity providers, institutional firms, trading technology vendors, payments businesses and digital asset firms.

      just now

      iSAM Securities Apex has integrated with Match-Prime, giving brokers access to liquidity across more than 2,000 instruments, with tailored pricing and up to 10 levels of market depth.

      just now

      propfunding.com's free-entry instant funding changes the order of prop funding. Start trading first. Its free-entry instant funding model offers two qualification attempts without an upfront activation fee.

      just now

      US stocks closed higher on Wednesday, with the Nasdaq gaining 1%, the S&P 500 rising 0.6%, and the Dow advancing 0.7%, as renewed enthusiasm for AI-related stocks lifted market sentiment.

      just now

      SpaceX went public in June as a rocket company. On October 20 it reported as something else entirely: an AI infrastructure business, financed by a satellite broadband network, with a launch division attached. Rockets generated 12% of third quarter revenue and lost money. The AI segment generated 52% of revenue and consumed 84% of capital expenditure. Starlink generated 85% of operating profit.

      just now

      Standard Chartered has signed definitive agreements to acquire 100% of Zodia Custody UK Limited, folding its regulated digital asset custody business into Securities Services. Zodia Solutions will be set up under SC Ventures with bank investors including Northern Trust, NAB Ventures, Emirates NBD and Investcorp.

      just now

      Bybit Fintech FZE has secured a Virtual Asset Service Provider licence from Dubai’s Virtual Assets Regulatory Authority for Exchange Services, covering spot trading. Bybit’s Peter Loo said the firm hopes to add derivatives, subject to regulatory approvals. Its international Dubai headquarters opened in 2022.

      just now
      Feed