Major ECNs in May: Fastmatch Charges Ahead as GTX and Hotspot Trend Lower
Posted: Tue May 31, 2016 9:02 am
With the end of May now here, we have not been expecting brisk numbers from across the industry due to the relatively short bursts of volatility that dominated the month. Aside from the British pound that has been driving the nerves of traders with wild swings in both directions, and the occasional ordinary euro drop against the U.S. dollar, currency markets activity in May was subdued.
Fastmatch is bucking the trend
In the aftermath of one of the quietest months since the beginning of the year we wouldn’t be expecting major news when it comes to the volumes of ECNs that are ... (read more)