Trading
activities in spot foreign exchange among institutional investors returned
mixed results in July, according to the latest data from Cboe FX, Deutsche
Börse’s 360T, FXSpotStream and Click 365.

In the
United States, Cboe FX, a popular spot forex trading platform, handled a total
volume of $922 billion, which is a 4% decline from $965 billion a month
earlier. However, the average daily volume of spot FX on the platform rose
marginally by 0.01% to $43.9 billion, which is up from $43.8 billion.

Earlier in
June, spot FX activities on Cboe FX jumped $30 billion higher to reach $965.4
billion. The ADV generated by the platform also grew by $3 billion
month-over-month during the period. It was the highest value achieved since
March this year.

Meanwhile,
FXSpotStream, a New Jersey-based provider of multibank price streaming services
for FX spot and swaps, produced a result similar to Cboe FX in July. The
platform saw its total spot FX volume decrease by 1.2% to $1.37 trillion, which
is down from $1.39 trillion a year earlier. On the contrary, the ADV of the
streaming services provider climbed by 3.3% from $62.9 billion in June to $63.1
billion.

Unlike
America, Finance Magnates’ analysis shows that some trading venues in Europe
produced higher results in July. For instance, 360T, one of the continent’s
biggest institutional FX trading platforms, reported a rise in its total
monthly spot volume. The daily volumes added up to $612.6 billion at the end of
July, which is up by 4% from $591 billion in the previous month.

However,
trading activities on Euronext FX, a top electronic communications network
(ECN) for spot FX trading in Europe, dropped by 4% to $492 billion. This is
even as the platform, which is operated by Euronext, the pan-European exchange
group, reported a drop in institutional demands, with volumes down from $514
billion a month earlier.

In Asia, FX
volumes also produced lower results. For instance, a total of 2,586, 333 FX
daily futures contracts were traded on Click 365, which is a 6% MoM and 7.9%
year-over-year decline in total monthly volumes. Information on the Tokyo
Financial Exchange, which operates Click 365, shows that the platform handled a
daily average of 123,162 contracts during the period.

Meta to launch ‘Personas’ AI bots; Conotoxia shows new feature; read today’s news nuggets.

Trading
activities in spot foreign exchange among institutional investors returned
mixed results in July, according to the latest data from Cboe FX, Deutsche
Börse’s 360T, FXSpotStream and Click 365.

In the
United States, Cboe FX, a popular spot forex trading platform, handled a total
volume of $922 billion, which is a 4% decline from $965 billion a month
earlier. However, the average daily volume of spot FX on the platform rose
marginally by 0.01% to $43.9 billion, which is up from $43.8 billion.

Earlier in
June, spot FX activities on Cboe FX jumped $30 billion higher to reach $965.4
billion. The ADV generated by the platform also grew by $3 billion
month-over-month during the period. It was the highest value achieved since
March this year.

Meanwhile,
FXSpotStream, a New Jersey-based provider of multibank price streaming services
for FX spot and swaps, produced a result similar to Cboe FX in July. The
platform saw its total spot FX volume decrease by 1.2% to $1.37 trillion, which
is down from $1.39 trillion a year earlier. On the contrary, the ADV of the
streaming services provider climbed by 3.3% from $62.9 billion in June to $63.1
billion.

Unlike
America, Finance Magnates’ analysis shows that some trading venues in Europe
produced higher results in July. For instance, 360T, one of the continent’s
biggest institutional FX trading platforms, reported a rise in its total
monthly spot volume. The daily volumes added up to $612.6 billion at the end of
July, which is up by 4% from $591 billion in the previous month.

However,
trading activities on Euronext FX, a top electronic communications network
(ECN) for spot FX trading in Europe, dropped by 4% to $492 billion. This is
even as the platform, which is operated by Euronext, the pan-European exchange
group, reported a drop in institutional demands, with volumes down from $514
billion a month earlier.

In Asia, FX
volumes also produced lower results. For instance, a total of 2,586, 333 FX
daily futures contracts were traded on Click 365, which is a 6% MoM and 7.9%
year-over-year decline in total monthly volumes. Information on the Tokyo
Financial Exchange, which operates Click 365, shows that the platform handled a
daily average of 123,162 contracts during the period.

Meta to launch ‘Personas’ AI bots; Conotoxia shows new feature; read today’s news nuggets.