Hotspot FX has best month in 2017 with September FX trading volumes at $33.1 billion ADV


Hotspot FX volumes

Beginning our peek into September 2017 trading volumes at leading eFX trading platforms, data from institutional Forex ECN Hotspot FX indicates that September was a very good month, if not the best so far of 2017.

FX trading volumes at Hotspot FX averaged $33.1 billion daily in September, up 22% from August. Volumes at Hotspot FX had been very steady throughout most of 2017 in the $27-$29 average daily volume range.

The $33.1 billion figured made September Hotspot FX’s best month of 2017 – and in fact Hotspot’s best month for volumes since the Swiss Franc spike driven month of January 2015, when Hotspot reported an ADV of $34.3 billion.

Hotspot FX volumes Sep2017

 

 

September 2017 marks the seventh month that Hotspot FX was operating under the corporate umbrella of its new owner, CBOE Holdings Inc. (NASDAQ:CBOE). CBOE acquired control of Hotspot FX via its $3.2 billion takeover of Bats Global Markets Inc at the end of February. CBOE wasted no time in rebranding its Forex ECN unit as: Hotspot – a CBOE company.

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Hotspot FX has best month in 2017 with September FX trading volumes at $33.1 billion ADV

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