Hotspot, a leading FX ECN venue has posted promising results for September 2012. The figures showed increase of 23.1% over the previous month.
Hotspot FX volumes in September and Q3 2012 were in step with industry trends. Average Daily Volume (ADV) recovered and rose by 23.1% vs. August 2012, and declined 14.2% vs. Q2 2012. Among publicly reported spot FX volumes (Hotspot FX, ICAP/EBS, Reuters, FXall), Hotspot FX accounted for 8.8% of the market share in September and Q3 … [visit site to read more]
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