Leading FX ECN, Hotspot has announced dismal figures for the month of August, a trend seen across the FX markets. August is typically a slow month as most traders are on vacation, however August 2011 was extremely volatile and volumes reflected the market sentiment.
Hotspot is part of the Knight Group a leading market maker in US Equities. The firm suffered a major computer glitch which resulted in a loss of $440 million. Hotspot's current figures are not far from the daily trade volumes the large retail FX brokers achieve.
Volume Snapshot
In August 2012, Hotspot FX experienced a decrease in volume resulting in an average Daily Volume (ADV) of $21.0 billion with a total of $482.2 billion transacted on the platform. Among publicly reported spot FX volumes (Hotspot FX, ICAP/EBS, Reuters, FXall), Hotspot FX’s market share was 8.4% in August 2012; up from 7.8% in August 2011.
August 2012 Statistics (Single Count, USD):
Hotspot FX posted an ADV of $21.0 billion. (based on 23 trading days)
§ ADV declined 19.2% versus July 2012. (July 2012 ADV: $25.9 billion)
§ ADV declined 33.5% versus August 2011. (August 2011 ADV: $31.5 billion)
Total Volume: $482.2 billion.
Monthly Statistics:
USD Dollar Value Traded
Average Daily Volume (ADV)
August 2012
$482.2 Billion
$21.0 Billion
August 2011
$724.9 Billion
$31.5 Billion
Volume Breakdown
In August 2012, the Americas sessions decreased by 1.41%, versus, the European session which continued its positive trend and gained .36 % in market share from July. The Asian session increased as well by 1.04% in August.
Volume percentages by time zone were:
Asia
Europe
Americas
Volume Percentage (August 2012)
11.28%
47.35%
41.37%
Volume Percentage (July 2012)
10.24%
46.99%
42.78%
The Top five currency pairs by volume percentage were as follows:
Currency Pair
EUR/USD
AUD/USD
USD/JPY
GBP/USD
USD/CAD
Percentage
39.97%
11.68%
10.68%
10.44%
7.12%
Generally, the majority of our Top 20 pairs remained unchanged in regards to rankings and experienced modest volume fluctuations. The exception being JPY based pairs, which climbed slightly in the ranks. Most notable movement occurred in: EUR/USD which remained firmly as #1 despite the 1.63% decrease in activity. USD/JPY regained the #3 position due to a 1.58% increase in activity. Lastly, GBP/JPY climbed two places to become 13th most active resulting from a .25% increase in trading.
Relative Volume Chart
Hotspot’s August ADV compares to the following results from other reporting venues:
August 2012 vs. July 2012
August 2012 vs. August 2011
Hotspot FX
-19%
-34%
EBS/ICAP
-10%
-49%
Reuters
-12%
-31%
FXall (Active Trading Segment)
-7%
-16%
CME
-9%
-27%
Overall Market (Reuters, EBS, FXall, Hotspot FX)
-12%
-39%
Leading FX ECN, Hotspot has announced dismal figures for the month of August, a trend seen across the FX markets. August is typically a slow month as most traders are on vacation, however August 2011 was extremely volatile and volumes reflected the market sentiment.
Hotspot is part of the Knight Group a leading market maker in US Equities. The firm suffered a major computer glitch which resulted in a loss of $440 million. Hotspot's current figures are not far from the daily trade volumes the large retail FX brokers achieve.
Volume Snapshot
In August 2012, Hotspot FX experienced a decrease in volume resulting in an average Daily Volume (ADV) of $21.0 billion with a total of $482.2 billion transacted on the platform. Among publicly reported spot FX volumes (Hotspot FX, ICAP/EBS, Reuters, FXall), Hotspot FX’s market share was 8.4% in August 2012; up from 7.8% in August 2011.
August 2012 Statistics (Single Count, USD):
Hotspot FX posted an ADV of $21.0 billion. (based on 23 trading days)
§ ADV declined 19.2% versus July 2012. (July 2012 ADV: $25.9 billion)
§ ADV declined 33.5% versus August 2011. (August 2011 ADV: $31.5 billion)
Total Volume: $482.2 billion.
Monthly Statistics:
USD Dollar Value Traded
Average Daily Volume (ADV)
August 2012
$482.2 Billion
$21.0 Billion
August 2011
$724.9 Billion
$31.5 Billion
Volume Breakdown
In August 2012, the Americas sessions decreased by 1.41%, versus, the European session which continued its positive trend and gained .36 % in market share from July. The Asian session increased as well by 1.04% in August.
Volume percentages by time zone were:
Asia
Europe
Americas
Volume Percentage (August 2012)
11.28%
47.35%
41.37%
Volume Percentage (July 2012)
10.24%
46.99%
42.78%
The Top five currency pairs by volume percentage were as follows:
Currency Pair
EUR/USD
AUD/USD
USD/JPY
GBP/USD
USD/CAD
Percentage
39.97%
11.68%
10.68%
10.44%
7.12%
Generally, the majority of our Top 20 pairs remained unchanged in regards to rankings and experienced modest volume fluctuations. The exception being JPY based pairs, which climbed slightly in the ranks. Most notable movement occurred in: EUR/USD which remained firmly as #1 despite the 1.63% decrease in activity. USD/JPY regained the #3 position due to a 1.58% increase in activity. Lastly, GBP/JPY climbed two places to become 13th most active resulting from a .25% increase in trading.
Relative Volume Chart
Hotspot’s August ADV compares to the following results from other reporting venues:
Top Global Banks Flock to CLSNet FX Platform as Settlement Risk Fears Mount
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
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🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
