{"id":115027,"date":"2021-03-02T08:16:05","date_gmt":"2021-03-02T08:16:05","guid":{"rendered":"https:\/\/precoinnews.com\/?p=115027"},"modified":"2021-03-02T08:16:05","modified_gmt":"2021-03-02T08:16:05","slug":"euronext-reports-marginal-mom-uptick-in-february-fx-adv","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/euronext-reports-marginal-mom-uptick-in-february-fx-adv\/","title":{"rendered":"Euronext Reports Marginal MoM Uptick in February FX ADV"},"content":{"rendered":"

Euronext, the pan-European exchange operator, reported a marginal 2.8 percent increase in the average daily volume (ADV) of foreign exchange (FX) trading in February 2021 when compared to the figures of the previous month.<\/span><\/p>\n

The FX ADV for last month on the platforms of the exchange operator came in at $21.89 billion, compared to January\u2019s $21.29, a month that itself witnessed some recovery in demand. Both the months had 20 trading days.<\/span><\/p>\n

The trading of the month started slow, but higher volumes in FX instruments were traded at the end of the month. A monthly record of over $38 billion in forex was traded on the last trading day of February. We have seen a trend like this on other major forex trading venues as well.<\/span><\/p>\n

The total volume of February remained $437 million, while it was $425 billion in the previous month. The demand in the markets usually follows a downtrend at the end of every year, and Euronext was no exception. The last two month\u2019s figures, however, show a healthy uptrend in the forex market demand.<\/span><\/p>\n

While comparing year-on-year, however, last month’s numbers remained dull. The exchange operator reported over $464 billion in total volumes in February 2020 at an ADV of $23.21 billion, meaning there was a yearly decline of over 5.6 percent.<\/span><\/p>\n

An Eventful Year for Euronext<\/span><\/h2>\n

Euronext operates bourses in Paris, Amsterdam, Brussels, London, Lisbon, and Dublin. The pan-European operator also purchased the top Italian bourse from the London-based competitor last year, a deal which was cleared recently.<\/span><\/p>\n

Meanwhile, the company discontinued its FX Tape service, which provides a central reference point for prices of spot FX transactions at the end of last year.<\/span><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Euronext, the pan-European exchange operator, reported a<\/p>\n","protected":false},"author":3,"featured_media":115026,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nEuronext Reports Marginal MoM Uptick in February FX ADV - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/euronext-reports-marginal-mom-uptick-in-february-fx-adv\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euronext Reports Marginal MoM Uptick in February FX ADV - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Euronext, the pan-European exchange operator, reported a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/euronext-reports-marginal-mom-uptick-in-february-fx-adv\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-02T08:16:05+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/03\/ccryptafotoEuronext-880x4001-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/euronext-reports-marginal-mom-uptick-in-february-fx-adv\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/euronext-reports-marginal-mom-uptick-in-february-fx-adv\/\",\"name\":\"Euronext Reports Marginal MoM Uptick in February FX ADV - 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