Hotspot’s November Trading Volumes Second Highest for 2016

[kreslik.news]

The foreign exchange trading electronic communications network of BATS Global Markets, Hotspot, has reported on the final outcome during the month of November for the unit. The U.S. election has caused a substantial spike in trading volumes at the venue, but it wasn’t enough to surpass the company’s performance in February 2016.

Total trading volumes for November amounted to $668.2 billion, which is an increase of 25 percent when compared to the previous month and a 42 percent rise when compared to the same month of 2015.

Hotspot’s average daily volumes numbers amounted to $30.4 billion with the figures rising 20 percent ... (read more)