February is not surprising in terms of turnover. Volume drops on the forex market

February was not very promising in the light of data from the forex market. Could less days in the month negatively affect the results of trading futures contracts? Practically every year in the shortest month of the year we are able to observe some problems on the background of the volume.

Near 10% less on a monthly basis

The main tool for checking turnover is FXSpotStream. FXSpotStream is a banking syndicate that acts as a market tool that provides infrastructure (which is facilitated by the API) of many banks and GUIs to direct transactions from customers to liquidity providers. In a word, it allows you to precisely determine the amount of cash flows that make up the turnover. In the above-mentioned period in monthly terms, this tool reported -9,2% decline. In January we were able to talk about record values ​​that have not yet appeared in the several years of LiquidityMatch LLC. It is comforting that by taking a comparative year, for example, the results are optimistic. The result is higher after over 20%.

Worse results not only visible on FXSpotStream

Disturbing information about the average volume also came from other, large, institutional players. We're talking about CBOE FX and FastMatch, among others. Both companies signaled a smaller volume, the decrease of which was respectively 13% (taking into account the average turnover in monthly terms) and 14%. In the case of FastMatch, the value of the company's volume for February 2019 (additionally the annual approach) amounted to 363 billion USD. Translating this into percentages is the result of about 17% decline from 441 billion USD reported in January 2019 br.

February is usually one of the weakest links of the year when it comes to trading volume. However, on a yearly basis, luckily, the results are on satisfactory double-digit growth.