Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Hotspot FX Volumes Rebound Nicely In February

|Includes:BGCP, FX, IAPLF, IAPLY, KCG Holdings, Inc. (KCG), STT

Continues trend of increasing FX volumes seen at ICAP and FXCM.

HotspotFX logoForex ECN Hotspot FX reported today its FX volumes in February averaged $59.2 billion per day, up 21% from January and up also up 9% from February last year. Hotspot is a unit of Knight Capital Group (NYSE: KCG).

Hotspot's numbers confirm a trend we have seen at ICAP and FXCM, where after a very weak Q4 and slow start to the year in January, there has been a major pickup in FX volumes globally in February.

For more details see LeapRate's Forex Industry News at leaprate.com.

Get noticed in LeapRate FYP

Stocks: KCG, STT, FX, BGCP, IAPLF, IAPLY