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

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 volumes, in relation to publicly reported venues.

November 2011 Statistics:

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  • 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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USD Dollar Value TradedAverage Daily Volume (ADV)
Nov-11$1,226.5 Billion$55.8 Billion
Nov-10$1,017.0 Billion$46.2 Billion

 

Note: Hotspot doublecounts its volumes.
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