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Screenshot of a breaking news alert e-mail from Q2 2017
November 2015 has just started and this means that it is time to review the operating metrics of Forex platforms for October.
Hotspot, one of the leaders in institutional Forex, has already posted the data for last month’s trading volumes, with the results showing rather subdued activity.
With average daily volumes (ADV) of $23.94 billion, October 2015 was Hotspot’s second slowest month for Forex volumes since 2012. Only July 2015, when ADV reached humble $23.5 billion, was slower since December 2012’s $19.62 billion of ADV.
Let’s examine the particular Hotspot metrics for October 2015:
- Average daily volumes in October 2015 amounted to $23.94 billion, down 8.2% from the result recorded in September 2015.
- The decrease was even more pronounced in annual terms, as the result for October 2015 was down 30.2% from the $34.32 billion in ADV registered in October 2014.
- Overall trading volumes for October 2015 amounted to approximately $526.7 billion, down 8.5% from the result registered in September 2015.
To view detailed data about Hotspot volumes, visit this designated page.