FX Weekly Trading on FMDQ Rises +7.70% to $2.3bn

FX Weekly Trading on FMDQ Rises +7.70% to $2.3bn

Kindly see commentary below on the Foreign Exchange (FX) market with data for the week-ended June 19, 2026. Table 1 compares weekly turnover for trades between banks (FMDQ Dealing Member  (Banks)/Authorised Dealers) and their clients for the weeks-ended June 11 and 19, 2026.

  • In the FX Spot and Derivatives markets, the total turnover for the week-ended June 19, 2026, 
    was $2,323.07 million, representing an increase of 7.70% ($166.05 million) from the 
    $2,157.02 million reported for the week-ended June 11, 2026. The week-on-week 
    (WoW) increase in total turnover was jointly driven by the 6.80% ($145.64 million) increase in 
    FX Spot transactions, which recorded a total value of $2,286.93 million compared to $2,141.29
    million in the week-ended June 11, 2026, and the 129.75% ($20.41 million) increase in FX 
    Derivatives transactions for the week-ended June 19, 2026. (See Table 1)

 

  • The WoW increase in FX Derivatives turnover was driven by the 129.75% ($20.41 million)
    increase in FX Forwards turnover

 

 

Table 1: Weekly FX Turnover Analysis
  Week-ended June 19, 2026 Week-ended June 11, 2026 WoW
% Change
WoW
Change
($’mm)
Weekly Daily
Average
%
Share
Weekly Daily
Average
% Share
($’million) ($’million)
FX Spot 2,286.93 457.39 98.44 2,141.29 535.32 99.27 6.80 145.64
FX Forwards 36.14 7.23 1.56 15.73 3.93 0.73 129.75 20.41
Exchange-
Traded FX
Futures
0.00 0.00 0.00 0.00 0.00 0.00 N/A N/A
FX Derivatives 36.14 7.23 1.56 15.73 3.93 0.73 129.75 20.41
Total 2,323.07 464.62 100.00 2,157.02 539.25 100.00 7.70 166.05