Hot spot FX January volumes rise nicely
Hot spot FX January volumes rise nicely explained by professional Forex trading experts the “Hot spot FX January volumes rise nicely” FX trading team.
Hot spot FX January volumes rise nicely
Hotspot FX reported that volumes in its Forex ECN system rose by 38% in January over December levels, to average $27.1 billion daily. January 2013 was also 10% above January 2012’s averages. The numbers from Hotspot FX basically match what we already seen from the other leading Forex ECNs FXall and ICAP EBS.
The timing of Hotspot FX’s volume rise could indeed be fortuitous for Getco, which is nearing the closing of its acquisition of Knight Capital, Hotspot’s parent company. We expect Getco to look to sell Hotspot FX soon after the deal closes.
Hot spot FX January volumes rise nicely Conclusion
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