As parent KCG prepares to sell it, Hotspot FX sees another strong month of trading volumes. For the month of October, Hotspot FX has reported that trading volumes averaged $34.3 billion daily - not quite the $38 billion ADV Hotspot did in an industry-wide record setting September, but still well above the $29-$30 billion average seen…
Read moreWe probably won't have a month like September again for a while, with saw both institutional and retail FX volumes up 25-35% across the board. But based on preliminary data from the first 2+ weeks, it looks like October is shaping up to be another strong month of FX trading. October has not seen the…
Read moreIt looks like it'll be a September to remember in institutional FX trading. Possibly in retail too. Yesterday we learned that ICAP's EBS unit will report its first above-$100 billion ADV month since mid-2013, despite reporting otherwise lackluster financial results for the half-year to September 30. So it should come as no surprise that its…
Read moreScotland referendum uncertainty + surprise ECB action = a banner month for Forex trading
Read moreWe're still in the midst of reporting August FX trading volumes, however in a few weeks we should see a major improvement from the so-far-slow 2014 when September figures roll around. As expected, yesterday's surprise ECB rate cut caused not just a 1%+ drop in the Euro against major currencies, but also engendered a spike…
Read moreNot 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…
Read moreIndependent Forex ECN Hotspot's volume ticked up slightly from April's extreme lows...
Read moreKCG's Forex ECN unit KCG Hotspot has another good month, FX trading volumes up 6% over February and 18% over last year. The first quarter has ended with a bang for the world's leading Forex ECNs. After seeing ICAP's EBS and Thomson Reuters' FXall show nice rises over February levels including an all-time high at…
Read moreKCG Hotspot, the KCG Group's institutional ECN reported an ADV of $30.4 billion in February. American electronic trading stalwart KCG (NYSE:KCG) today released its monthly figures for the month of February 2014, in which the company has declared that within its market making enterprise, a daily average of $27.4 billion in volume was traded, along…
Read moreTotal volumes for last year higher by 17% over 2012 Volume metrics during the last month of the year at KCG Hotspot have remained somewhat subdued when compared to November’s release, however that shouldn't be a big surprise considering the broad industry slowdown during the holiday month, especially when it comes to institutional volumes. Overall…
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