The platform said total volume traded was $1,449.8 billion with an ADV of $63 billion. The heightened volatility last month was reflected in Hotspot’s volumes in the early part of the month, where trading neared record levels. Aug. 4 was its 4th busiest day on record, where it traded $95.7 billion, the company said in a statement .
In reviewing trading volumes across the major multi-dealer exchanges that publically disclosed data, Hotspot’s ADVs were below its rivals. The CME’s volumes rose 12%, Reuters 9% and EBS 3.5%. Still, the company says August year-on-year growth since 2010 is 103.4% and it continues to outpace other platforms.
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| Source: Hotspot FX |
