HotSpot volume jumps 79% year on year

June 2011 continued the strong performance trend experienced in May 2011, with volumes just below May’s record levels. Average daily

JUNE 2011 Volume* in Absolute Figures (USD Dollars Traded)

June 2011 continued the strong performance trend experienced in May 2011, with volumes just below May’s record levels. Average daily volume was $66.6 billion and total volume was $1,464.9 billion. Q2 2011 was a record in all areas for Hotspot, exceeding the prior mark set in Q1 2011. . Hotspot also reached a new milestone in Q2, with over $4 Trillion transacted on the platform.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Suggested articles

How the OKEx Saga Reveals the Need for Decentralized ExchangesGo to article >>

June 2011 Statistics:

  • Hotspot FX posted an ADV of $66.6 billion. (based on 22 trading days)
  • ADV decreased 1.7% versus May 2011 (May 2011 ADV: $67.8 Billion).
  • Volume increased 78.9% versus June 2010.
  • Total Volume: $1,464.9 billion.

Q2 2011 Statistics:

  • Highest total volume quarter; 16% higher than Q1 and first time over $4 Trillion.
  • Total volume was $4093.7 billion.
  • Q2 2011 ADV of $63.0 billion. (based on 65 trading days).
  • Q2 2011 ADV was up 14.3% vs. Q1 2011 (Q1 2011 volume: $55.1 billion); up 56.7% vs. Q2 2010.
* – HotSpot double counts the numbers

Grab your latest copy of the Forex Magnates Retail Forex Industry Report.

Got a news tip? Let Us Know