Hotspot breaks daily records in volume - almost $90 billion transacted
Hotspot, one of the largest institutional forex ECNs and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term 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 Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term 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.