Forex volume metrics in January are strong across all major Forex ECN platforms.
Forex ECN KCG Hotspot has reported its January volumes at $34.1 billion per day — Hotspot’s second best month ever, second only to June 2013’s $36.9 billion.
Hotspot’s results complete what was a very strong January in the institutional FX business:
ICAP EBS – up 23%
Thomson Reuters – up 21%
FXall – up 10%, to an all time high of $123 billion ADV
KCG Hotspot – up 19%
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.