HotSpot posts lower trading volumes in November 2011 - $55.8 billion a day

Hotspot FX posted an average daily volume (ADV) figure of $55.8 billion with a total volume of $1,226.5 billion transacted for the month of November 2011. The platform accounted for 8.64% of spot electronic 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 volumes, in relation to publicly reported venues.

November 2011 Statistics:

• Hotspot FX posted an ADV of $55.8 billion. (based on 21 trading days- includes Thanksgiving holiday)
• ADV decreased 18.4% versus October 2011. (October 2011 ADV: $68.3 Billion)
• Volume increased 20.7% versus October 2010.
• Total Volume: $1,226.5 billion.

Monthly Statistics:

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Note: Hotspot doublecounts its volumes.

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