The demand for forex instruments among institutions came in strong once again with the latest figures for April. The average daily volume (ADV) in trading has improved in venues across the globe, including the United States, Asia, and Europe. Strong Demand for Spot Trading Total spot FX volumes on Cboe FX surpassed $1.1 trillion last month, increasing by 13.8 percent month-over-month. Annually, the figure rose by almost 39 percent. Regarding ADV, the number was above $50 billion, compared to $46 billion in the previous month and $39.6 billion in the corresponding month of the previous year. Although April usually … (full story)
