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Institutional FX Volumes Jump in September as Fed and Bank of Japan Raise Rates
Spot trading on the four institutional FX venues tracked by FinanceMagnates.com rose by double digits in September. The Federal Reserve and the Bank of Japan (BOJ) raised interest rates two days apart during the month.FXSpotStream set an all-time high of $179.12 billion in average daily volume (ADV), while Euronext FX grew fastest, up 21.6% month-on-month. The gains reversed August, when three of the four venues reported lower daily averages as …
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Institutional FX Volumes Jump in September as Fed and Bank of Japan Raise Rates
Spot trading on the four institutional FX venues tracked by FinanceMagnates.com rose by double digits in September. The Federal Reserve and the Bank of Japan (BOJ) raised interest rates two days apart during the month.FXSpotStream set an all-time high of $179.12 billion in average daily volume (ADV), while Euronext FX grew fastest, up 21.6% month-on-month. The gains reversed August, when three of the four venues reported lower daily averages as …
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