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FXSpotStream reports volumes off 11% MoM in May to $16.1 billion ADV
Multibank FX aggregation service FXSpotStream has reported that May volumes on its system averaged $16.1 billion (single count) daily, 10.7% below April's $18.0 billion but 26% more than last year May. FXSpotStream’s best-ever month was this past February, at $21 billion ADV. FXSpotStream is a wholly owned subsidiary