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Hotspot trading volumes fall 7% in July

Hotspot FX, the multi-dealer platform owned by Knight Capital Group, said average daily FX trading volumes for July fell 7% from the previous month.

An average notional $62.1billion per day changed hands on the exchange during July, down from $66.6 billion in June. When comparing year-on-year trading volumes, turnover increased 89% in July.

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