HotSpot's April 2012 volumes down 15.5%

The decline in institutional forex volumes continued in April as all major brokers reported a further decline. Volumes hit historic

The decline in institutional forex volumes continued in April as all major brokers reported a further decline. Volumes hit historic lows in December 2011 and haven’t recovered since except what now seems a short-term spike in March 2012. HotSpot weathers this decline better than others but still is unable to overcome the trend.

Note: HotSpot doublecounts its volumes.

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1. APRIL 2012 Volume:

In April 2012, Hotspot FX experienced a decline in volume due to reduced volatility and decreased FX market participation. Average Daily Volume (ADV) decreased 15.5% to $49.8 billion and a total of $1,044.7 billion was transacted through the platform. In terms of performance relative to publicly reported spot FX volumes (ICAP/EBS, Reuters, Hotspot FX, FX All); Hotspot FX accounted for 8.8% of the volume in April 2012, up from 8.2% in April 2011.

Note: Market Share figures and competitive analysis adjusted to incorporate FX All’s “Active Trading” segment

APR 2012 Statistics:

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  • Hotspot FX posted an ADV of $49.8 billion. (based on 21 trading days)
    • § ADV declined 15.5% versus March 2012. (March 2012 ADV: $58.9 billion)
    • § ADV declined 8.2% versus April 2011. (April 2011 ADV: $54.2 billion)
  • Total Volume: $1,044.7 billion.

Monthly Statistics:

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USD Dollar Value TradedAverage Daily Volume (ADV)
April 2012$1,044.7 Billion$49.8 Billion
April 2011$1,138.2 Billion$54.2 Billion

2. APRIL 2012 Volume Breakdown

In April 2012, activity in the Asian and Americans sessions declined by 1.71% and .88%. This volume was recovered by the European session which increased by 2.61%.

Volume percentages by time zone were:

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AsiaEuropeAmericas
Volume Percentage (April 2012)11.64%47.88%40.49%
Volume Percentage (March 2012)13.35%45.27%41.37%
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