بروزرسانی: 29 خرداد 1404
Click 365 Leads the Way in a Mixed December for FX
Institutionaltrading in the currency markets showed mixed results in the last month of 2023.While Click 365, the FX platform of the Tokyo Stock Exchange (TSE), reported avolume increase of over 5%, not all institutions worldwide saw positiveresults.
The latestdata for Click 365, published today (Thursday), showed that the number of FXmarket transactions increased to 2,344,890, up by 5.4% compared to November.The average daily volume (ADV) was 111,661. However, in a yearly comparison,the TSE\'s currency platform experienced a steeper decline, almost 23% lowerthan the results from December 2022.
Regardingoverall institutional demand for forex trading , the results were mixed. FinanceMagnates reported yesterday (Wednesday) the outcomes for CboeFX,FXSpotStream, Deutsche Börse\'s 360T, EuronextFX, and Saxo Bank.
For CboeFXand FXSpotStream, values decreased, contributing to a 2% shrinkage in overallADV for the industry. The total spot forex trading volume for CboeFX last monthwas $890.4 billion, marking an 11.7% month-to-month (MoM) drop. This was thelowest monthly result for the American platform since April of the previousyear. Year-over-year, the monthly volume increased by over 15%.
FXSpotStream,an FX liquidity electronic distribution provider, also followed this trend witha 7.5% MoM decrease in ADV, totaling $64.8 billion. Of this, spot transactionscontributed $49.2 billion to the ADV, while the remaining $15.6 billion wasattributed to other streams. Despite the monthly decline, the total ADVimproved by 12.51% year-over-year.
Monthly volume on FXSpotStream
Opposing the FX MarketTrend
Incontrast, trading demand on European platforms increased. Last month, DeutscheBörse\'s 360T platform reported a slight rise in ADV, reaching $27.688 billion,a 2.2% increase compared to the previous month\'s data.
EuronextFX,formerly known as FastMatch, also saw increased activity in December. Theplatform\'s ADV for the month was $24.481 billion, up by 0.7% compared toNovember.
Saxo Bankalso shared its December volumes, reporting a surge in forex market activity.According to official data, FX trading volumes rose by 13.6% month-to-month to$13.8 billion, the highest since March of the previous year.
Saxo, with its international reach, provides contracts for differences in cryptocurrencies across various markets in the Asia-Pacific region. Despite this, the firm does not regularly disclose specific data regarding these activities. During the initial six months of 2023, the company achieved an operating profit of DKK 520 million, marking a 34% rise.
Institutionaltrading in the currency markets showed mixed results in the last month of 2023.While Click 365, the FX platform of the Tokyo Stock Exchange (TSE), reported avolume increase of over 5%, not all institutions worldwide saw positiveresults.
The latestdata for Click 365, published today (Thursday), showed that the number of FXmarket transactions increased to 2,344,890, up by 5.4% compared to November.The average daily volume (ADV) was 111,661. However, in a yearly comparison,the TSE\'s currency platform experienced a steeper decline, almost 23% lowerthan the results from December 2022.
Regardingoverall institutional demand for forex trading , the results were mixed. FinanceMagnates reported yesterday (Wednesday) the outcomes for CboeFX,FXSpotStream, Deutsche Börse\'s 360T, EuronextFX, and Saxo Bank.
For CboeFXand FXSpotStream, values decreased, contributing to a 2% shrinkage in overallADV for the industry. The total spot forex trading volume for CboeFX last monthwas $890.4 billion, marking an 11.7% month-to-month (MoM) drop. This was thelowest monthly result for the American platform since April of the previousyear. Year-over-year, the monthly volume increased by over 15%.
FXSpotStream,an FX liquidity electronic distribution provider, also followed this trend witha 7.5% MoM decrease in ADV, totaling $64.8 billion. Of this, spot transactionscontributed $49.2 billion to the ADV, while the remaining $15.6 billion wasattributed to other streams. Despite the monthly decline, the total ADVimproved by 12.51% year-over-year.
Monthly volume on FXSpotStream
Opposing the FX MarketTrend
Incontrast, trading demand on European platforms increased. Last month, DeutscheBörse\'s 360T platform reported a slight rise in ADV, reaching $27.688 billion,a 2.2% increase compared to the previous month\'s data.
EuronextFX,formerly known as FastMatch, also saw increased activity in December. Theplatform\'s ADV for the month was $24.481 billion, up by 0.7% compared toNovember.
Saxo Bankalso shared its December volumes, reporting a surge in forex market activity.According to official data, FX trading volumes rose by 13.6% month-to-month to$13.8 billion, the highest since March of the previous year.
Saxo, with its international reach, provides contracts for differences in cryptocurrencies across various markets in the Asia-Pacific region. Despite this, the firm does not regularly disclose specific data regarding these activities. During the initial six months of 2023, the company achieved an operating profit of DKK 520 million, marking a 34% rise.
منبع: https://www.financemagnates.com//institutional-forex/click-365-leads-the-way-in-a-mixed-december-for-fx/