Gerald Segal is a Managing Director at LeapRate, which provides analysis of the Online Forex Trading world. Gerald's reports are a leading source of information on the size, growth and regulation of the Online Forex industry. Prior to founding LeapRate Gerald was an investment banker for 18... More
Continues trend of increasing FX volumes seen at ICAP and FXCM.
Forex 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.
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Hotspot FX Volumes Rebound Nicely In February 0 comments
Continues trend of increasing FX volumes seen at ICAP and FXCM.
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.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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