Hotspot’s December 2012 volumes plummet, 2011 volume rose 60%

As experienced by all brokers (Retail and Institutional) across the board HotSpot's volumes too plummeted in December 2011. We've seen

As experienced by all brokers (Retail and Institutional) across the board HotSpot’s volumes too plummeted in December 2012. We’ve seen this reported by FXCM, CME and others.

DECEMBER, Q4 & FULL YEAR 2011 Volume:

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Full year volume at Hotspot FX climbed 60.4% in 2011 to $59.2 billion. Q4 2011 volume rose 28.5% to $53.9 billion vs. Q4 2010. December volumes also rose 6.9% to $38.4 billion vs. December 2010 levels. In terms of market share of publicly reported spot FX volumes (ICAP/EBS, Reuters, Hotspot FX), Hotspot accounted for 8.9% in Q4 2011; up from 8.5% in Q3 2011. Hotspot accounted for 8.7% of the spot FX market share for the full year (FY) 2011, vs. 5.9% in 2010, posting a record $15 trillion+ transacted.

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DEC 2011 Statistics:

  • Hotspot FX posted an ADV of $38.4 billion. (based on 22 trading days)
  • ADV decreased 31.1% versus November 2011. (November 2011 ADV: $55.8 Billion)
  • Volume increased 6.9% versus December 2010.
  • Total Volume: $845.3 billion.

Q3 2011 Statistics:

  • Total volume was $3,505.7 billion.
  • Q4 2011 ADV of $53.9 billion. (based on 65 trading days)
  • Q4 2011 ADV was down 16.3% vs. Q3 2011 (Q3 2011 volume: $64.5 billion); up 28.5% vs. Q4 2010.

FY 2011 Statistics:

  • New record achieved for both total volume and ADV.
  • Total volume was $15,378.0 billion.
  • FY 2011 ADV of $59.2 billion. (based on 260 trading days)
  • FY 2011 ADV was up 60.4% vs. FY 2010.

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