August 01, 2014 BY Andrew Saks-McLeod
After a bumper June, Hotspot FX volumes tail off again
After a 6.5% increase in volumes during June, Hotspot FX average daily volumes for July have taken a 13% downturn.
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July 16, 2014 BY Gerald Segal
Mid-month Retail Forex volumes report - July looking slow
Not exactly the news which many in the retail forex world were looking for, but it looks like July will not provide any respite from the low-trading-volumes environment we've seen so far in the first half of 2014. The (northern hemisphere) summer months are traditionally slow in the trading world, and so far it looks…
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July 01, 2014 BY Andrew Saks-McLeod
KCG Hotspot sees June FX volumes up 6.5%
In accordance with LeapRate's predictions for June 2014, volumes have begun to increase, with KCG Hotspot beginning to move away from the doldrums.
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June 10, 2014 BY Gerald Segal
LeapRate Exclusive: AxiTrader set to launch AxiPrime liquidity services
Leading Australian retail forex broker AxiTrader is breaking into the institutional business. LeapRate has learned that about two months ago AxiTrader went live with a soft launch of AxiPrime, combining liquidity, prime brokerage and aggregation services for retail forex brokerages and institutional traders, leveraging off AxiTrader's regulated status in both Australia and the UK. AxiPrime…
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June 03, 2014 BY Andrew Saks-McLeod
KCG hires Phil Mackintosh from Credit Suisse, launching trading optimization analysis service for clients
KCG recruits ex-Credit Suisse executive to head new division which will provide information and insights to help traders more fully understand market complexity.
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June 02, 2014 BY Andrew Saks-McLeod
KCG Hotspot to publish daily FX volume. M&A on the cards?
KCG's FX ECN prepares to produce volume information with senior management citing transparency as key driving factor
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May 14, 2014 BY Andrew Saks-McLeod
KCG's April FX volumes take a 20% nosedive as firm enters Q2 in the doldrums
Share prices of KCG stock declined by 1.11% on today's announcement of April's volumes, which show lowest volumes since December 2012, as the firm continues to take the long term view of retaining its FX ECN in the face of adverse results
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February 14, 2014 BY Gerald Segal
KCG Hotspot sees second best ever month in January at ADV $34.1 billion
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…
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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 05, 2013 BY Gerald Segal
KCG repays $100M loan, but a further $235M is due July 2014
Will KCG sell more assets and/or businesses, or will it settle debts with cash on hand? KCG Holdings -- the company resulting from the merger of Knight Capital and Getco -- formally announced today it had repaid $100 million of its credit facility, mainly using the net proceeds from its $80 million sale of reverse mortgage…
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