Forex Industry News

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Knight Capital Forex ECN unit sees volumes rise 14% in May to $33.7 billion per day.

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Darren Mast, Getco COO, named Interim Head of Currencies at the merged company.

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Will Hotspot FX soon have a new owner?

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Getco likely to divest Knight's non-core assets, including Hotspot FX.

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Either way, likely that Hotspot FX finds a new home.

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Acquisition rumors swirl around Knight Capital after weekend WSJ article.

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... but parent Knight Capital continues its comeback from the August "glitch".

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Firm volumes overall recover nicely following August "glitch".

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Is a buyer emerging for the entirety of Knight Capital?

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Hotspot FX would likely fetch $150-200 million.

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