The trading volume of major institutional platforms worldwide in October 2022 has been announced. The results show that the overall trading volume shows a downward trend. So, how did institutional investors and traders perform in the over-the-counter trading market this month? Let's take a look at the specific data.

This report covers the daily average trading volume (ADV) of currencies in six major institutional trading venues, namely Cboe FX, CLS, EuroextFX, FxSpotStream, Moscow Exchange, and Integral, as shown in the following figure.

The daily average currency trading volume of these exchanges in October 2022 has decreased compared to September. Overall, the Moscow Stock Exchange experienced the largest monthly decline of 18.8%, followed by Euronext and Integral, with 11.2% and 10.7% respectively. CLS, CboeFX, and FxSpotStream were drilled 9.8%, 6.8%, and 5.9%, respectively.

The detailed transaction volume of each institutional trading venue is as follows:

Cboe FX

The total trading volume of Cboe FX in October was $854.9 billion, a decrease of 11.1% compared to $1.0083 trillion in September 2022. But compared to last year's $717.5 billion, trading volume increased by 24.9% this month.

The daily average trading volume (ADV) for the month reached $42.7 billion, a decrease of 6.9% compared to $45.8 billion last month. October has 21 trading days, while September has 22.

CLS

The daily average total trading volume of CLS for the month reached $1.928 trillion, an increase of 3.3% compared to October 2021. However, compared to September's $2.04 trillion, trading volume decreased by 5.4%.

In October, the currency forward trading volume was $129 billion, a decrease of nearly 6.5% compared to the previous month. The daily average trading volume of currency swaps for that month was $1.311 trillion, a decrease of 3.5% compared to the previous month. In addition, spot trading volume reached $488 billion, a decrease of 9.8% compared to the previous month.

Euronext FX

The total trading volume of Euronext currency to market reached $452.113 billion, a decrease of 15.1% compared to $532.8 billion last month, but an increase of 11.4% compared to $405.785 billion in the same period last year. The daily average trading volume of the currency against the market for the month was $21.529 billion, a decrease of 11.1% compared to the previous month's $24.218 billion, but an increase of 11.4% compared to the same period last year's $19.323 billion.

FxSpotStream

The company's total trading volume for this month was $1.452 trillion, compared to $1.614 trillion in September, a decrease of 10% month on month and an increase of 37% compared to the same period last year.

The daily average trading volume (ADV) in October was $69.1 billion, a decrease of 5.8% month on month and a 37% increase compared to the same period last year. In September, the daily average trading volume of FXSpotStream was $73.351 billion, an increase of 20.45% compared to August's $60.898 billion.

Moscow Exchange

The daily average trading volume of the Moscow Stock Exchange in October 2022 was $11.7 billion, a decrease of 18.7% compared to September 2022.

Integral

In October 2022, the daily average transaction volume (ADV) of customers on the Integral platform totaled $45.7 billion, a decrease of 10.7% compared to the previous month and a decrease of 9.5% compared to the same period last year.

Integral's cloud based SaaS (Software as a Service) currency pair workflow solution aims to meet the trading needs of buyers' currencies to market participants such as banks, brokers, asset management companies, and hedge funds.

Source: FX110