Cboe, FXSpotStream Report Rebound in FX Institutional Volumes

Cboe’s institutional spot FX platform on Tuesday reported ‎its trading volumes for January 2020, which saw a ‎positive performance as a rise in volatility encouraged more buying and selling ‎of currencies relative to the month prior.‎

During January 2020, Cboe FX disclosed a total trading volume of $739 billion, up 17.7 percent on a month-over-month basis from $628 ‎billion in December 2019‎. In a different pattern, the figure was lower by 7.5 percent year-over-year when weighed against $799 billion in January 2019.

In addition, the exchange’s institutional FX trading venue saw its average daily trading volumes amounting to $33.6 billion in January 2020, up 12.3 percent month-over-month from $29.9 billion in December 2019.

On a year-over-year basis, the ADV numbers released by Cboe FX, formerly Hotspot, illustrated weaker performance, falling by 8 percent when weighed against $36.3 billion a year earlier.‎

FXSpotStream also reports mixed volumes

Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term management has been a key focus at Cboe FX over the past year, coupled with adding extensive Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term capabilities. The company has recently launched an electronic foreign exchange trading venue that permits certain institutions to enter into spot transactions with their preferred counterparties to meet their specific trading needs.

Dubbed ‘Cboe FX Point,’ the new direct execution model provides institutional investors with a flexible range of options, including the ability to create custom, relationship-based connections.

Elsewhere, activity on FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, has also increased for a month earlier, though it disappointed when compared to its 2019 equivalents.

FXSpotStream reported an average daily volume (ADV) of $37.03 billion in January, up by 19 percent over a monthly basis from $31.09 billion in December 2019. This figure, however, reflects a year-on-year drop of 3.50 percent compared with its counterpart from January 2019.

FXSpotStream’s ADV for all of 2019 was up 21 percent when compared to the same period during 2018.