Seasonal factors took their toll on Hotspot FX trading volumes in March 2016, with weak trading activity on March 25th and March 28th weighing on the overall results. As a result, the eFX institutional platform of Bats reported a double-digit decrease in trading volumes for last month, following a solid February. Hotspot FX average daily…
Read moreHotspot FX, the eFX institutional platform of BATS, marked a very strong start to the new year, with trading volumes registering a double-digit rise from December 2015 levels, albeit lagging behind the solid numbers from last January, when the Swiss franc spike triggered an immense jump in volatility and led to record volumes. The first…
Read moreIn what is normally a seasonally down month for FX trading volumes across both retail and institutional platforms, Hotspot FX actually saw a nice 8% MoM bump in FX trading volumes during December, averaging $24.1 billion per day versus $22.4 billion in November. However the $24.1B figure is down 13% YoY from $27.7B ADV last…
Read moreLeapRate Exclusive... Given the rapid stock market recovery over the past two days, people will probably not be referring to this past Monday's 4% drop in the equity markets as 'Black Monday' for very long. And in fact, Monday was likely a very good business day for those brokers and platforms which remain fairly well…
Read moreWith BATS Global Markets expected to complete it's reported purchase of KCG's ECN Hotspot FX on March 13th, we'll take a look at trading volumes in February for the Hotspot ECN. To kick-start February volume metrics as a possible sign of things to come across segments of trading venues, the ECN volumes have slumped by 23% compared with January this…
Read moreHotspot FX January volumes came in at $34.3 billion ADV. But despite a record volumes day thrown in, volumes slowed in the second half of the month.
Read moreIt was not 'Black Thursday' for everyone in the Forex industry. In fact, for those companies such as ECNs which make their living solely off of volumes, it was a very good day. Hotspot FX has reported that FX trading volume metrics reached $61.7 billion last Thursday January 15 - its best ever day based…
Read moreRuble volatility (something of an understatement) as well as a generally strengthening dollar has created the right climate for forex trading.
Read moreWith the British Pound and the Japanese Yen tumbling, the Australian Dollar strengthening and the all-important EURUSD pair bouncing around, retail forex volumes have remained fairly robust during the first half of November after fairly spectacular volume metrics reported in September and October. We know that September and October's record trading volumes for some of…
Read moreAs 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…
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