HotSpot’s January 2012 volume up from December but down comparing to January 2011

Perhaps this marks a beginning of a slowdown in the institutional forex market as usually January volumes are pretty strong.

Perhaps this marks a beginning of a slowdown in the institutional forex market as usually January volumes are pretty strong. Although HotSpot’s volume increased 30% from December 2012 they haven’t increased enough and now are 11% lower than in January 2011. ICAP’s volumes too have plummeted in January when comparing to previous year.

January marked a strong start to 2012 for Hotspot FX. Average Daily Volume (ADV) of $49.1 billion was an increase of 27.9% versus December 2011 with a total of $1,081 trillion transacted through the platform In terms of market share of publicly reported spot FX volumes (ICAP/EBS, Reuters, Hotspot FX), Hotspot accounted for 9.2% in January 2012; up from 8.4% in December 2011 and 8.6% in January 2011.

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JAN 2012 Statistics:

  • Hotspot FX posted an ADV of $49.1 billion. (based on 22 trading days)
  • ADV increased 27.9% versus December 2011. (December 2011 ADV: $38.4 Billion)
  • Volume decreased 11.7% versus January 2011.
  • Total Volume: $1,081.0 billion.

Monthly Statistics:

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USD Dollar Value TradedAverage Daily Volume (ADV)
January 2012$1,081.0 Billion$49.1 Billion
January 2011$1,167.9 Billion$55.6 Billion

 

2. JANUARY 2012 Volume Breakdown

Comparing January 2012 to December 2011, activity in the Americas time zone decreased by 3.71%. This was picked up by both the Asian and European sessions, which continued to increase by 1.21% and 2.50% respectively.

Volume percentages by time zone were:

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AsiaEuropeAmerica
Volume Percentage (January 2012)11.57%47.07%41.36%
Volume Percentage (December 2011)10.36%44.57%45.07%

 

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