FXSpotStream, the provider of a multi-bank FX aggregation service for spot FX trading, has released its monthly metrics for October 2022.
Last month, the average daily volume came in at $69.13 billion.
October numbers fell slightly after the firm recorded its highest ADV ever in September. October ADV decreased 5.8% on monthly basis, compared to the $73.35 billion recorded the previous month.
On yearly basis, however, ADV was 37% higher compared to October 2021.
The overall trading volume of the firm has surpassed $1 trillion every month since the beginning of the year.
The October ADV numbers are based on 21 trading days.