It looks like we're about to see a very good month reported for Forex trading volumes. As we head into December, our first peek at November FX trading volumes for leading retail and institutional eFX platforms comes from Bats Global Markets Inc (BATS:BATS) unit Hotspot FX. Hotspot FX volumes rose more than 20% MoM, to average…
Read more
LeapRate Exclusive... LeapRate has learned that Forex ECN Hotspot FX, a unit of Bats Global Markets Inc (BATS:BATS), had its best day ever on the day after the US elections last week. Volumes at Hotspot FX, which average in the $25 billion per day range, hit a record $64.5 billion on Wednesday November 9. Post-US election…
Read more
Forex ECN Hotspot FX has published October trading volumes, showing a decline from September's improved results. October volumes at Hotspot FX came in at $25.3 billion (average daily volumes), 11% below September's $28.3 billion. Earlier this year Hotspot was seeing volumes even higher, steadily above $30 billion ADV. Hotspot FX parent company Bats Global Markets Inc…
Read moreForex ECN Hotspot FX has published September trading volumes, showing marked improvement from August's depressed volumes. September volumes at Hotspot FX came in at $28.3 billion (average daily volumes), 25% above August's $22.6 billion but still below the $30 billion monthly figures Hotspot FX was posting earlier this year. Hotspot FX parent company Bats Global…
Read moreIt looks like August was a very slow month for forex trading. Following our earlier reports about August volume declines at competitors GTX and FastMatch, institutional eFX venue Hotspot FX, a division of Bats Global Markets Inc (BATS:BATS), has reported that August 2016 volumes averaged $22.6 billion daily, down 14% from July’s $26.2 billion. The $22.6B figure is the…
Read moreContinuing a trend of what we believe will be volume declines at many of the leading retail and institutional FX platforms this month, the Hotspot FX unit of Bats Global Markets Inc (BATS:BATS) has reported that volumes averaged $26.2 billion per day in July - down 9% from June's $28.8 billion ADV. We'd note in making the comparison,…
Read moreContinuing a parade of what we believe will be very healthy trading volume reports for June by both retail and institutional FX platforms, the Hotspot FX unit of Bats Global Markets Inc (BATS:BATS) has reported that volumes averaged $28.8 billion per day in June - up 23% over May. (Although we'd note that May was a…
Read moreOne of the big winners from the post-Brexit panic of trading were institutional Forex ECN platforms, which saw a huge ramp-up in trading volumes on Friday in the aftermath of the VoteLeave victory in the UK Brexit referendum. Thankfully these ECNs - whose income is directly linked to volumes - seemed to operate in a…
Read moreIt looks like May was a very slow month for institutional forex trading. Kicking off May volume reporting season, institutional eFX venue Hotspot FX, a division of Bats Global Markets Inc (BATS:BATS), has reported that May 2016 volumes averaged $23.4 billion daily, down 9% from April's $25.6 billion. The $23.4B figure is the second lowest reported…
Read moreHotspot, the ECN marketplace owned by BATS Global Markets, Inc. (BATS:BATS), saw little change in daily FX volumes in April 2016, as the average daily volumes amounted to $25.6 billion, up 0.4% from the level of $25.5 billion per day seen in March 2016. In annual terms, the comparison was gloomier, as the April 2016…
Read more