Tag: Hotspot volume metrics

December 13, 2013 BY Gerald Segal

KCG Hotspot reports flat November volumes

Volumes have remained flat when compared to October coming out at $ 29.6 billion per day Volumes at KCG Hotspot remained flat month on month with a negligible decline to $29.6 billion from the month of October. Consistent readings throughout the quarter are maintaining a recovery theme when compared to the quiet summer months. The…

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December 02, 2013 BY Gerald Segal

KCG closes sale of Urban Financial, to focus on core market making

Will KCG look to sell other assets -- including Forex ECN KCG Hotspot? KCG Holdings -- the company resulting from the merger of Knight Capital and Getco -- formally announced today it had closed its $80 million sale of reverse mortgage originator Urban Financial, a transaction we reported would happen back in July. Following the merger,…

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November 14, 2013 BY Gerald Segal

KCG Hotspot bucks the trend and reports an up October in FX volumes

KCG Hotspot sees October volume metrics of $29.8 billion daily, up 4% from September. In October, we saw what we thought was an across the board decrease in institutional FX volumes: Thomson Reuters -12% FXall -5% EBS -5% CME Group (FX futures) -22% EBS and CME's figures were their lowest volumes reported in several years.…

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October 14, 2013 BY Gerald Segal

Hotspot FX September volume metrics up slightly (3%) to $28.7 billion

KCG Hotspot culminates an up month for all the major Forex ECNs. Hotspot FX, now formally known as KCG Hotspot, announced that September forex trading volumes came in at $28.7 billion daily, up slightly (3%) from August's $28.0 billion. Hotspot's figures complete our September picture in which all the major Forex ECNs -- ICAP EBS,…

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