Tag: Hotspot FX for sale

November 01, 2014 BY Gerald Segal

Hotspot FX reports October trading volumes at $34 billion ADV

As parent KCG prepares to sell it, Hotspot FX sees another strong month of trading volumes. For the month of October, Hotspot FX has reported that trading volumes averaged $34.3 billion daily - not quite the $38 billion ADV Hotspot did in an industry-wide record setting September, but still well above the $29-$30 billion average seen…

Read more
October 30, 2014 BY Gerald Segal

Breaking Forex News - KCG looking to sell Hotspot FX

LeapRate Exclusive... We've speculated a number of times since Knight Capital's merger with Getco in mid 2013 to form KCG (e.g. see here), that KCG was likely to put Hotspot FX up for sale at some point to focus on its core equity market making businesses. And it seems as though we were right - KCG…

Read more