KCG OTC volumes steady in March, Hotspot goes out on a high note

KCGTrading on OTC markets at KCG in March amounted to a daily average of 35,000, which appears to be on a par with February’s 36,000 average per day, however Hotspot FX volumes increased significantly during the month in which KCG sold its FX ECN to BATS Global Markets

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Analysis: What is the real cost? We have not seen the end yet

FXCM’s initial confirmation of negative client balances was $225 million, however it has now been revealed that it stands at $276 million. With a $51 million gulf, and only a handful of brokers having reported their negative equity exposure, what is the true cost? LeapRate takes a detailed look

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