KCG Hotspot Forex Trading Volumes Rise 20.5% MoM

Monday, 01/09/2014 | 06:43 GMT by George Tchetvertakov
  • Preliminary results signal an increase in average daily FX volumes for KCG Hotspot, reaching $606.9 billion total for August 2014. From a broader perspective, the summer lull continues when taking all factors into account.
KCG Hotspot Forex Trading Volumes Rise 20.5% MoM
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KCG Hotspot, one of the world’s largest FX trading venues, has published preliminary trading volumes for the month of August 2014. KCG has announced daily average trading volumes of $28.9bn US dollars with total August trading volumes at $606.9bn US dollars.

Average daily trading volumes in August rose 20.5% while total volumes climbed 10% compared to July 2014. When compared to performance in 2013, August figures paint a different picture. Year-on-year, total volumes declined slightly by 2.98% while average daily volume for August rose by 3.07%. However, August 2013 had one extra trading day which slightly skews the overall picture.

kcg summary

As we await the full report from KCG Group, it seems that although trading activity is picking up month-on-month as the summer lull comes to and end, the broader theme of low FX market Volatility continues with August 2014's numbers failing to beat those from last year.

Chart showing average daily trading volume at KCG Hotspot

Chart Showing Average Daily Trading Volume at KCG Hotspot

kcg thumb

KCG Hotspot, one of the world’s largest FX trading venues, has published preliminary trading volumes for the month of August 2014. KCG has announced daily average trading volumes of $28.9bn US dollars with total August trading volumes at $606.9bn US dollars.

Average daily trading volumes in August rose 20.5% while total volumes climbed 10% compared to July 2014. When compared to performance in 2013, August figures paint a different picture. Year-on-year, total volumes declined slightly by 2.98% while average daily volume for August rose by 3.07%. However, August 2013 had one extra trading day which slightly skews the overall picture.

kcg summary

As we await the full report from KCG Group, it seems that although trading activity is picking up month-on-month as the summer lull comes to and end, the broader theme of low FX market Volatility continues with August 2014's numbers failing to beat those from last year.

Chart showing average daily trading volume at KCG Hotspot

Chart Showing Average Daily Trading Volume at KCG Hotspot

About the Author: George Tchetvertakov
George Tchetvertakov
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