Fastmatch Trading Volumes Down Seasonally, Closing a Record Year

[kreslik.news]

The fastest growing Electronic Communications Network (ECN) for trading foreign exchange in 2016, Fastmatch has reported a sharp decline in monthly volumes in December. The final month of last year has been heavily impacted by a number of holidays including Christmas, New Year and Hanukkah.

Fastmatch has made its offering very competitive last year, a step that permitted the company to solidify its position on the market after a post-SNB stress. The company emerged from the biggest challenge in the industry much stronger, registering a year of massive growth in 2016.

The total monthly figure transacted via Fastmatch’s infrastructure was $290.1 billion ... (read more)