Institutional FX trading volumes soar 13% in April 25 thanks to currency volatility

Wild volatility within the forex markets (and the monetary markets as a complete) following the introduction of US President Donald Trump’s aggressive commerce tariffs on April 2 “Liberation Day” has led to some of the lively months ever in institutional FX buying and selling.

Following a robust Q1 ending with a record March in the institutional FX markets, April was even higher with buying and selling volumes up 13%. Every of the main eFX venues surveyed by FNG – FXSpotStream, Cboe FX, EuronextFX and 360T – noticed exercise will increase of between 4-21% throughout April 2025.

Cboe FX (previously HotspotFX)

April 2025 common day by day volumes had been $61.90 billion, +18.8% from March’s $52.11 billion.

EuronextFX (previously FastMatch)

April 2025 ADV $38.16 billion, +21.8% from March’s ADV of $31.33 billion.

FXSpotStream

April noticed FXSpotStream set a brand new excessive when it comes to Total ADV at USD122.02billion. This marked a 4.4% improve MoM (when in comparison with March 2025) and 32.8% YoY (vs. April 2024). April’s ADV surpasses its earlier excessive of USD116.89billion set final month (March 2025).
April’s Total ADV consisted of USD91.41billion in Spot (a brand new excessive on the Service) and USD30.61billion throughout different merchandise.

360T