As BATS Acquires KCG Hotspot, Average Daily Volumes Ratchet Higher 24% in January
- Average daily volume numbers have increased when compared to the typically slow month of December, but remained flat when compared to January 2014, which was the strongest month for the first 8 months of 2014.
According to publicly available data by KCG Hotspot, the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term electronic market place which just got acquired by BATS Global Markets as part of its diversification strategy, has registered a sharp increase in trading volumes during the month of January.
The rebound in the average daily volumes figures comes after three consecutive monthly declines. Throughout the month of January an average of $34.3 billion have changed hands on the electronic Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. The figure represents a 24% increase over the company's numbers in December and is about flat when compared to a year ago.
Average Daily Volumes at KCG Hotspot, Monthly Chart
In what will remain as one of the most volatile months on the foreign exchange markets in the aftermath of the Swiss National Bank's decision to drop the EUR/CHF floor at 1.20, the electronic market place is taking on a new era after the acquisition by BATS Global Markets.
The company has announced that all of the employees of KCG Hotspot will be joining the team at BATS.
According to publicly available data by KCG Hotspot, the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term electronic market place which just got acquired by BATS Global Markets as part of its diversification strategy, has registered a sharp increase in trading volumes during the month of January.
The rebound in the average daily volumes figures comes after three consecutive monthly declines. Throughout the month of January an average of $34.3 billion have changed hands on the electronic Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. The figure represents a 24% increase over the company's numbers in December and is about flat when compared to a year ago.
Average Daily Volumes at KCG Hotspot, Monthly Chart
In what will remain as one of the most volatile months on the foreign exchange markets in the aftermath of the Swiss National Bank's decision to drop the EUR/CHF floor at 1.20, the electronic market place is taking on a new era after the acquisition by BATS Global Markets.
The company has announced that all of the employees of KCG Hotspot will be joining the team at BATS.