HotSpot reports March 2012 figures, volume slightly lower

In March 2012, Average Daily Volume (ADV) decreased slightly by less than 1% to $58.9 billion vs. February, resulting in

In March 2012, Average Daily Volume (ADV) decreased slightly by less than 1% to $58.9 billion vs. February, resulting in a total of $1,295.0 billion transacted. On a Year-over-Year (YoY) basis, Hotspot FX continued to be an exception to general trends in the marketplace, reporting a solid 7.3% increase in March YoY volumes and a 1.1% increase in Q1 YoY volumes. In terms of performance in relation to publicly reported spot FX volumes (ICAP/EBS, Reuters, Hotspot FX), Hotspot FX continues to gain market share, accounting for 10.2% in March 2012 (8.3% Mar 2011) and 9.8% in Q1 2012 (8.5% Q1 2011), both our highest levels to date.

MAR 2012 Statistics:

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

  • Hotspot FX posted an ADV of $58.9 billion. (based on 22 trading days)
    • ADV remained virtually unchanged (- 0.7%) versus February 2012. (February 2012 ADV: $59.3 billion)
    • ADV climbed 7.3% versus March 2011. (March 2011 ADV: $55.2 billion)
  • Total Volume: $1,295.0 billion.

Q1 2012 Statistics:

  • Q1 2012 ADV of $55.7 billion. (based on 65 trading days)
    • ADV rose 3.3% vs. Q4 2011. (Q4 2011 volume: $53.9 billion)
    • ADV increased 1.1% vs. Q1 2011. (Q1 2011 ADV: $55.1 billion)
  • Total volume was $3,620.2 billion.

Monthly Statistics:

Suggested articles

The FX Global Code – Is Self-Regulation the Future of the Industry?Go to article >>

table.tableizer-table {border: 1px solid #CCC; font-family: Arial, Helvetica, sans-serif; font-size: 12px;} .tableizer-table td {padding: 4px; margin: 3px; border: 1px solid #ccc;}
.tableizer-table th {background-color: #104E8B; color: #FFF; font-weight: bold;}

USD Dollar Value TradedAverage Daily Volume (ADV)
Mar-12$1,295.0 Billion$58.9 Billion
Mar-11$1,270.5 Billion$55.2 Billion

Quarterly Statistics:

table.tableizer-table {border: 1px solid #CCC; font-family: Arial, Helvetica, sans-serif; font-size: 12px;} .tableizer-table td {padding: 4px; margin: 3px; border: 1px solid #ccc;}
.tableizer-table th {background-color: #104E8B; color: #FFF; font-weight: bold;}

USD Dollar Value TradedAverage Daily Volume (ADV)
Q1 2012$3,620.2 Billion$55.7 Billion
Q1 2011$3,525.2 Billion$55.1 Billion

Got a news tip? Let Us Know