Spot volumes rise in March

Secondary venues see robust volumes; primary platforms also tick higher

Japanese yen: futures and options contracts increased last month

The average daily volume (ADV) on secondary platforms experienced robust growth in March and there were bright spots for EBS BrokerTec and Thomson Reuters, as well as exchanges and emerging markets venues, while spot volumes contracted also managed to inch higher.

The $18.7 billion ADV on multibank aggregation service FXSpotStream (FSS) marks a 6.4% increase, compared with the corresponding month of last year. Volumes have remained in the $18 billion range since January. In total, FSS’s platfor