Major ECNs Mark Records in June Due to Brexit Volatility
Posted: Thu Jun 30, 2016 12:08 pm
A number of foreign exchange trading venues have reported their numbers for the month of June with Fastmatch, Hotspot and GAIN Capital’s GTX venues all marking double digit growth month-on-month. With the Brexit event triggering massive moves in the foreign exchange market this doesn’t come as a surprise. Finance Magnates has also obtained some information about the performance at EBS and FXSpotStream.
What will be more interesting in the coming months is whether the FX volatility that we have seen throughout the past week can be sustained throughout the typically slower summer period. In our monthly report we ... (read more)