FXSpotStream Sees Trading Volumes Tick Higher in January 2017

FXSpotStream LLC, the aggregator service of LiquidityMatch LLC, today announced its latest volumes for the month ending January 2017. The results show for a healthy uptick in its figures on a month-on-month basis, according to an FXSpotStream statement.

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During the month of January 2017, FXSpotStream reported an average daily volume (ADV) of $18.9 billion, which represented a jump of 7.3 percent month-on-month from $17.6 billion reported back in December 2016. Across a yearly interval however, the latest figures in January 2017 reflected a decline of 5.6 percent.

Despite securing a sizable gain in January 2017, FXSpotStream’s ADV has fallen short of reaching the previous peak of $22.3 billion set back in November 2016.

January 2017 saw a total of 22 trading days, unchanged from the month prior. In terms of total volumes at FXSpotStream, January 2017 showed $414.9 billion, which was also higher by 7.3 percent month-on-month from $386.7 billion in December 2016.

FXSpotStream provides a multibank FX aggregation service to clients for the purpose of executing FX Spot, Forward, Swaps and Spot Precious Metals trades. Banks connected to FXSpotStream serve as the 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 providers to clients, who access a single API from co-location sites in New York, London and Tokyo. FXSpotStream does not charge brokerage fees to clients or liquidity banks.

The group utilizes liquidity from a total of twelve leading global banks, including such industry leaders as BofA Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Citi, Commerzbank AG, Credit Suisse, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, Standard Chartered, and UBS.