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Euronext FX’s Spot Volume Drops -7% to 1.4 Trillion in Q3 22

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The volume of spot forex traded on Euronext FX dropped -7% quarter-over-quarter (QoQ) to $1.44 trillion at the end of the third quarter of 2022, when compared to the $1.54 trillion generated during the previous quarter.

The average daily volume (ADV) also dropped -8% to $21.74 billion from last quarter’s $23.64 billion.

Euronext disclosed these figures in its September 2022 monthly volumes released on Friday.

The total volume on Euronext FX jumped 17.8% month-over-month (MoM) to approximately $533 billion in September and 30.6% year-over-year.

When compared to the third quarter of 2021, Euronext FX’s total spot volume grew 24.2% QoQ from $1.16 trillion.

The spot forex trading venue’s ADV also improved 23.1% MoM from $19.7 billion in August to $24.2 billion in September.

Euronext FX, previously FastMatch, is the European New Exchange Technology’s (Euronext) electronic communication network for forex trading.

Quarterly Output Comparison

During the first quarter of the year, Euronext FX’s volume grew 23% to $1.57 trillion from the fourth quarter of 2021.

The ADV also jumped 27% to $24.5 billion from fourth quarter 2021’s $19.3 billion.

Compared to the first quarter of 2021, Q1 2022’s volume represents a 16.2% growth in total volume.

So far, the highest QoQ volume was recorded during Q1 2022.

During the second quarter of the year, the trading venue’s spot volume dropped -2.1% to $1.54 trillion from Q1 2022’s figures.

The ADV also dropped -4% to $23.64 billion from Q1 2022’s daily average.

But when compared to Q1 2021, total volume during the second quarter of this year jumped 27% QoQ.

The ADV of Q2 2022 also climbed 27% to $23.6 billion, compared to Q2 2021.

First quarter 2022 also boasts of the highest QoQ volume so far.

Other Volumes

Meanwhile, on a year-to-date (YTD) basis, Euronext FX’s total volume increased 22.2% to $4.5 trillion compared to YTD 2021’s $3.72 trillion.

Similarly, the YTD ADV shot up 21.6% to $23.3 billion, up from $19.2 billion in the same period last year.

At the cash market, total transaction value increased 13% MoM to €226.8 billion from 65,916,154 transactions in September.

The daily average of monthly transactions also went up 19% MoM to €10.3 billion from an average 2,996,189 transactions per day.

The volume of spot forex traded on Euronext FX dropped -7% quarter-over-quarter (QoQ) to $1.44 trillion at the end of the third quarter of 2022, when compared to the $1.54 trillion generated during the previous quarter.

The average daily volume (ADV) also dropped -8% to $21.74 billion from last quarter’s $23.64 billion.

Euronext disclosed these figures in its September 2022 monthly volumes released on Friday.

The total volume on Euronext FX jumped 17.8% month-over-month (MoM) to approximately $533 billion in September and 30.6% year-over-year.

When compared to the third quarter of 2021, Euronext FX’s total spot volume grew 24.2% QoQ from $1.16 trillion.

The spot forex trading venue’s ADV also improved 23.1% MoM from $19.7 billion in August to $24.2 billion in September.

Euronext FX, previously FastMatch, is the European New Exchange Technology’s (Euronext) electronic communication network for forex trading.

Quarterly Output Comparison

During the first quarter of the year, Euronext FX’s volume grew 23% to $1.57 trillion from the fourth quarter of 2021.

The ADV also jumped 27% to $24.5 billion from fourth quarter 2021’s $19.3 billion.

Compared to the first quarter of 2021, Q1 2022’s volume represents a 16.2% growth in total volume.

So far, the highest QoQ volume was recorded during Q1 2022.

During the second quarter of the year, the trading venue’s spot volume dropped -2.1% to $1.54 trillion from Q1 2022’s figures.

The ADV also dropped -4% to $23.64 billion from Q1 2022’s daily average.

But when compared to Q1 2021, total volume during the second quarter of this year jumped 27% QoQ.

The ADV of Q2 2022 also climbed 27% to $23.6 billion, compared to Q2 2021.

First quarter 2022 also boasts of the highest QoQ volume so far.

Other Volumes

Meanwhile, on a year-to-date (YTD) basis, Euronext FX’s total volume increased 22.2% to $4.5 trillion compared to YTD 2021’s $3.72 trillion.

Similarly, the YTD ADV shot up 21.6% to $23.3 billion, up from $19.2 billion in the same period last year.

At the cash market, total transaction value increased 13% MoM to €226.8 billion from 65,916,154 transactions in September.

The daily average of monthly transactions also went up 19% MoM to €10.3 billion from an average 2,996,189 transactions per day.

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