Hotspot FX sees ADV rise 6% MoM in February 2016

Hotspot FX, the eFX institutional platform of Bats, has just reported its volumes metrics for February 2016, with the month continuing a positive trend in terms of trading activity witnessed in January.

The institutional Forex platform registered a rise in trading volumes in both annual and monthly terms. In fact, the result of $32.6 billion in average daily volumes (ADV) that Hotspot reported for February 2016 is the strongest since January 2015.

Hotspot ADV in February 2016 was 6.2% stronger than in January 2016 when the ADV amounted to $30.7 billion. The result for last month is 23.5% higher than in February 2015.

The strongest day for trading activity was February 3, 2016, when trading volumes reached $45.5 billion.

hotspot_vols_feb_16

You can view Hotspot’s detailed volumes metrics for February 2016 by clicking here.

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