Fastmatch Reports Third Highest Month on Record in January

[kreslik.news]

Fastmatch, an electronic communications network (ECN) for foreign exchange trading, is registering strong trading volumes at the start of 2017. The company posted its third highest month on record in January, capitalizing on the two-way volatility in major currency pairs.

Trading volumes during the first month of 2017 amounted to $357.3 billion. The figure was higher when compared to December by over 23 percent. Looking at the year-on-year growth, the figures have increased even more briskly, coming in at almost 51 percent.

The January 2017 average daily volumes (ADVs) for Fastmatch reach $17 billion, which is a nick lower than the venue’s ... (read more)