KCG Hotspot sees second best ever month in January at ADV $34.1 billion

Forex volume metrics in January are strong across all major Forex ECN platforms.

Forex ECN KCG Hotspot has reported its January volumes at $34.1 billion per day — Hotspot’s second best month ever, second only to June 2013’s $36.9 billion.

Hotspot’s results complete what was a very strong January in the institutional FX business:

ICAP EBS – up 23%

Thomson Reuters – up 21%

FXall – up 10%, to an all time high of $123 billion ADV

KCG Hotspot – up 19%

 

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.