Hotspot breaks daily records in volume - almost $90 billion transacted

Tuesday, 11/05/2010 | 09:26 GMT by Michael Greenberg
Hotspot breaks daily records in volume - almost $90 billion transacted

Hotspot, one of the largest institutional forex ECNs and Liquidity providers, just reported record levels of volumes for April 2010. Hotspot's average daily trading volume for April was around $60 billion and May was even better as Hotspot reported volumes of almost $90 billion a day in some of early May days.

If anyone had doubts regarding the unstoppable growth of this market then this should prove them wrong.

More detailed numbers are expected in a week or so.

Hotspot, one of the largest institutional forex ECNs and Liquidity providers, just reported record levels of volumes for April 2010. Hotspot's average daily trading volume for April was around $60 billion and May was even better as Hotspot reported volumes of almost $90 billion a day in some of early May days.

If anyone had doubts regarding the unstoppable growth of this market then this should prove them wrong.

More detailed numbers are expected in a week or so.

Topics
forex
trading
brokers
ecn
fx
About the Author: Michael Greenberg
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