HotSpot volume jumps 79% year on year

Thursday, 21/07/2011 | 09:22 GMT by Michael Greenberg
  • June 2011 continued the strong performance trend experienced in May 2011, with volumes just below May’s record levels. Average daily volume was $66.6 billion and total volume was $1,464.9 billion. Q2 2011 was a record in all areas for Hotspot, exceeding the prior mark set in Q1 2011. . Hotspot also reached a new milestone in Q2, with over $4 Trillion transacted on the platform.
HotSpot volume jumps 79% year on year

JUNE 2011 Volume* in Absolute Figures (USD Dollars Traded)

June 2011 continued the strong performance trend experienced in May 2011, with volumes just below May’s record levels. Average daily volume was $66.6 billion and total volume was $1,464.9 billion. Q2 2011 was a record in all areas for Hotspot, exceeding the prior mark set in Q1 2011. . Hotspot also reached a new milestone in Q2, with over $4 Trillion transacted on the platform.

June 2011 Statistics:

  • Hotspot FX posted an ADV of $66.6 billion. (based on 22 trading days)
  • ADV decreased 1.7% versus May 2011 (May 2011 ADV: $67.8 Billion).
  • Volume increased 78.9% versus June 2010.
  • Total Volume: $1,464.9 billion.

Q2 2011 Statistics:

  • Highest total volume quarter; 16% higher than Q1 and first time over $4 Trillion.
  • Total volume was $4093.7 billion.
  • Q2 2011 ADV of $63.0 billion. (based on 65 trading days).
  • Q2 2011 ADV was up 14.3% vs. Q1 2011 (Q1 2011 volume: $55.1 billion); up 56.7% vs. Q2 2010.

* - HotSpot double counts the numbers

Grab your latest copy of the Forex Magnates Retail Forex Industry Report.

JUNE 2011 Volume* in Absolute Figures (USD Dollars Traded)

June 2011 continued the strong performance trend experienced in May 2011, with volumes just below May’s record levels. Average daily volume was $66.6 billion and total volume was $1,464.9 billion. Q2 2011 was a record in all areas for Hotspot, exceeding the prior mark set in Q1 2011. . Hotspot also reached a new milestone in Q2, with over $4 Trillion transacted on the platform.

June 2011 Statistics:

  • Hotspot FX posted an ADV of $66.6 billion. (based on 22 trading days)
  • ADV decreased 1.7% versus May 2011 (May 2011 ADV: $67.8 Billion).
  • Volume increased 78.9% versus June 2010.
  • Total Volume: $1,464.9 billion.

Q2 2011 Statistics:

  • Highest total volume quarter; 16% higher than Q1 and first time over $4 Trillion.
  • Total volume was $4093.7 billion.
  • Q2 2011 ADV of $63.0 billion. (based on 65 trading days).
  • Q2 2011 ADV was up 14.3% vs. Q1 2011 (Q1 2011 volume: $55.1 billion); up 56.7% vs. Q2 2010.

* - HotSpot double counts the numbers

Grab your latest copy of the Forex Magnates Retail Forex Industry Report.

About the Author: Michael Greenberg
Michael Greenberg
  • 1439 Articles
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About the Author: Michael Greenberg
  • 1439 Articles
  • 66 Followers

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