Hotspot FX sees February volumes down 9% to $27.0 billion ADV as CBOE takes over LeapRate

March 01, 2017 BY LeapRate Staff

Hotspot FX sees February volumes down 9% to $27.0 billion ADV as CBOE takes over

As its new owner CBOE Holdings Inc. (NASDAQ:CBOE) unveiled the new company logo (above), institutional Forex ECN Hotspot FX reported that February trading volumes cooled somewhat from the company's hot start to 2017. February volumes at Hotspot FX averaged $27.0 billion daily, down 8.8% MoM from January's $29.6 billion ADV. Hotspot's February figures begin a parade…

February 01, 2017 BY LeapRate Staff

Hotspot FX begins 2017 with strong $29.6 billion ADV January Forex volumes

With the first month of the year now in the books, it is time to take a look at Forex trading volumes across the various retail and institutional FX trading platforms for January. And, based on early returns, it looks like it was a good start to 2017 in the currency trading world. First out…

January 03, 2017 BY LeapRate Staff

Hotspot FX December volumes $24.4 billion ADV, 20% below November

Following a very strong November, trading volumes at Forex ECN Hotspot FX cooled somewhat in December. Hotspot FX, a unit of Bats Global Markets Inc (BATS:BATS), saw volumes decline 20% MoM during the last month of 2016, to average $24.4 billion ADV. We view Hotspot FX's December volume results as actually fairly strong. December is always…

December 01, 2016 BY LeapRate Staff

Hotspot FX volumes rise 20% in November to $30.4 billion ADV

It looks like we're about to see a very good month reported for Forex trading volumes. As we head into December, our first peek at November FX trading volumes for leading retail and institutional eFX platforms comes from Bats Global Markets Inc (BATS:BATS) unit Hotspot FX. Hotspot FX volumes rose more than 20% MoM, to average…

November 18, 2016 BY LeapRate Staff

KCG trades its $280 million stake in Bats Global Markets to General Atlantic

Institutional market maker KCG Holdings, Inc. (NYSE:KCG) has announced a fairly interesting transaction, buying back the stake in KCG held by private equity firm General Atlantic, in return for KCG's stake in ETF exchange operator Bats Global Markets, Inc. (Bats:BATS). The exchange, based on current share prices for the companies involved, is worth about $280 million.…

November 17, 2016 BY LeapRate Staff

Bats names Dave Nadig CEO of its ETF.com news and analysis division

ETF exchange leader Bats Global Markets, Inc. (Bats: BATS) has named Dave Nadig as CEO of the company’s ETF.com news and analysis division. Nadig replaces current ETF.com CEO David Lichtblau who will be leaving ETF.com to pursue 'other interests'. Nadig's hire is actually a homecoming, as he rejoins the firm where he played a leadership role from 2008-2015.…

November 14, 2016 BY LeapRate Staff

Hotspot FX sees best ever volumes day after US election

LeapRate Exclusive... LeapRate has learned that Forex ECN Hotspot FX, a unit of Bats Global Markets Inc (BATS:BATS), had its best day ever on the day after the US elections last week. Volumes at Hotspot FX, which average in the $25 billion per day range, hit a record $64.5 billion on Wednesday November 9. Post-US election…

November 01, 2016 BY LeapRate Staff

Hotspot FX volumes fall 11% MoM in October to $25.3 billion ADV

Forex ECN Hotspot FX has published October trading volumes, showing a decline from September's improved results. October volumes at Hotspot FX came in at $25.3 billion (average daily volumes), 11% below September's $28.3 billion. Earlier this year Hotspot was seeing volumes even higher, steadily above $30 billion ADV. Hotspot FX parent company Bats Global Markets Inc…

October 03, 2016 BY LeapRate Staff

Hotspot FX volumes jump 25% MoM in September to $28.3 billion ADV

Forex ECN Hotspot FX has published September trading volumes, showing marked improvement from August's depressed volumes. September volumes at Hotspot FX came in at $28.3 billion (average daily volumes), 25% above August's $22.6 billion but still below the $30 billion monthly figures Hotspot FX was posting earlier this year. Hotspot FX parent company Bats Global…

September 23, 2016 BY LeapRate Staff

Hotspot FX may get another new owner as CBOE looks to buy Bats Global Markets

Forex ECN Hotspot FX may end up under a new roof once again, if rumors of a sale of Hotspot's parent company Bats Global Markets Inc (BATS:BATS) to the CBOE turn out to be true. News broke late Thursday on several business news outlets that the CBOE was in advanced negotiations to acquire Bats, which has…

Tag: Bats Global Markets Inc (BATS:BATS)