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) have spiked higher by a fifth in March, almost recovering all the ground lost in February.
The month of March has been rich enough in terms of volatility 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 Magnates reporters have shared about their books looking buoyant for the rest of the month.
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Forex Magnates expects volatility to remain close to current levels throughout April, due to the remaining uncertainty about Greece in Europe and the relatively vague 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.