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Foreign exchange electronic communications network Hotspot is marking its third best month of 2017 in May. The company reported that trading volumes reached $647.3 billion last month, a figure which is higher by 17 percent when compared to April and by 26 percent when compared to May 2016.
The average daily trading volumes (ADV) for the company rose marginally when compared month-on-month, as the month of May had 3 more trading days when compared to April. The ADV was higher by 1.5 percent month-on-month and by 20 percent when compared to a year ago.
Trading was elevated due ... (read more)