Exclusive: John Miesner Leaves Hotspot after 14 Years at the Firm

A KCG Hotspot spokesperson has confirmed to Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates' reporters that after 14 years at the company, John Miesner will be leaving the firm. Mr. Miesner has been an integral part of the development of the company, serving as Managing Director and Head of Sales since January 2001.

Over the years, he held a variety of roles, helping make Hotspot into one of the market leaders. The company’s spokesperson declined to comment further on who might be Mr Miesner's eventual replacement.

According to sources close to Forex Magnates, aside from marking the best trading week this year, last Thursday’s ECB press conference surpassed all previous daily volume records and will be registered (for now) as the best single trading day on record for KCG Hotspot, with $56 billion changing hands on the 4th of September.