Fastmatch Trading Volumes Down Seasonally, Closing a Record Year

Fastmatch, the fastest growing Electronic Communications Network (ECN) Electronic Communications Network (ECN) Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki Read this Term) for trading foreign exchange in 2016, has reported a sharp decline in monthly volumes in December. The final month of last year was heavily affected by a number of holidays including Christmas, New Year and Hanukkah.

Fastmatch made its offering very competitive last year, a step that permitted the company to solidify its position on the market after a post-SNB stress. The company emerged from the biggest challenge in the industry much stronger, registering a year of massive growth in 2016.

The total monthly figure transacted via Fastmatch’s infrastructure was $290.1 billion in the final month of 2016, a number that is lower by 23 percent month-on-month and higher by 39 percent when compared to December 2015.

Average Daily Volumes (ADVs) have been even more volatile due to December holidays. The figure totaled $13.8 billion with the lowest number of transactions being registered on the 23rd and on the 27th of December. Looking on a comparative basis, Fastmatch’s number increased over 46 percent when compared to the final month of 2015 and declined by 19 percent when compared to November 2014.

Trading executed via Fastmatch reached a record $3.29 trillion in 2016, a figure which is higher by 52 percent when compared to 2015's $2.16 trillion.

Trading in 2017 is likely to continue on a bullish note. One of the major themes in the industry throughout last year was FX Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term, and this year is likely to be one of the best for the industry, especially if we see a timely reform of the Dodd-Frank Act from Donald Trump’s administration.