BATS Global Markets Hotspot Volumes Rebound in March

According to information published on the corporate website of BATS Global Markets Hotspot, the trading volumes at the venue rebounded substantially in March. Average Daily Trading Volumes on the Electronic Communication Network (ECN) spiked higher by a fifth in March when compared to the previous month, on track to recovering the ground lost in February. The average daily volume figure was reported at $31.7 billion.

The month of March has been rich enough in terms of Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term events with the post-Federal Reserve meeting U.S. dollar selloff resulting in record trading days for some brokerages in the industry. Sources close to Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates’ reporters have shared about their books looking buoyant for the rest of the month.

the average daily volume figure was reported at $31.7 billion

Forex Magnates expects volatility to remain close to current levels throughout April, due to the remaining uncertainty about Greece in Europe and the relatively uncertain timing of the widely expected Federal Reserve first rate hike.

Trading volumes are more or less flat year-on-year, and while remaining buoyant, the activity in foreign exchange trading is still materially lower than in the final four months of 2014, when some players in the industry reported all-time record figures.

Total trading volumes for the month of March have been materially higher when compared to February due to the increased number of trading days. From just below $600 bln, total trading volumes in March rebounded to just below $700 bln, coming in at $697 billion.