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Leading bank-owned multibank FX streaming and RFS service FXSpotStream, has reported record-breaking trading volumes for February 2025. The company achieved a new high in Overall Average Daily Volume (ADV) at $105.163 billion, surpassing the previous record of $101.925 billion set in September 2024.
February's Overall ADV represents a 3.88% increase compared to January 2025 and a substantial 45.4% year-over-year growth from February 2024. The strong performance was driven by record highs in both Spot and other products, including Non-Deliverable Forwards (NDFs).
The Spot ADV for February reached $75.132 billion, marking a 3.14% increase from January 2025 and a 44.97% year-over-year growth. Meanwhile, the ADV for other products, including NDFs, stood at $30.031 billion, representing a 5.78% month-over-month increase and a 46.50% year-over-year growth.
The record February figures come on the back of a transformative year for FXSpotStream under the leadership of CEO Jeff Ward. In 2024, the company achieved significant milestones, including:
▪️Recording an annual ADV of $89.857 billion, a 42.16% increase from 2023
▪️Appointing John Ashworth as Independent Chair of LiquidityMatch LLC's Board of Directors
▪️Crossing the $2 trillion mark in monthly volume for the first time in April
▪️Surpassing the $100 billion ADV barrier in November
▪️Expanding its liquidity provider network to 18 banks, with the additions of ANZ and Deutsche Bank
FXSpotStream's growth in 2024 was particularly noteworthy in non-spot products, which saw a 90.17% year-over-year increase, demonstrating the platform's successful diversification strategy. This growth builds upon the company's 2022 initiative that made over 70 different Algos and 200+ Algo parameters available via a normalised API and GUI.
FXSpotStream says it has a unique commercial model of no cost of execution for price takers.
You can view the historical volume of the major FX trading venues on LiquidityFinder here LiquidityFinder account required).
FXSpotStream's reported Monthly ADV since July 2018:
