Do not invest more money than you can afford to lose.
Institutional forex broker Hotspot FX, part of BATS Global Markets, generated a monthly trading volume of $514.3 billion in May 2016, continuing a downward trend and posting the lowest volume since November 2015. Since the beginning of 2011, the only lower volumes were recorded in December 2011 ( $422.6 billion), August 2012 ($ 482.2 billion) and November 2012 ($475.9 billion).
In comparison, a month earlier the broker’s trading volume was 4.3% lower, or $537.4 billion, while compared to May 2015, when the volume was $561.9 billion, the decrease was 8.5%.
The highest daily trading volume last month of $31.3 billion was registered on 3 May, while the lowest value of $8.7 billion, which is less than halve that a month earlier, was posted on 30 May.
Hotspot FX is the first institutional Electronic Communication Network (ECN) broker. Its clients include banks, hedge funds, high frequency traders, corporate and commodity trading advisers.
BATS Global Markets is a US-based operator of exchanges and services for financial market. It is headquartered in Kansas City and has offices in New York, London, Chicago and Singapore. The company owns four US equities exchanges – BZX, BYX, EDGX, EDGA, one European equities exchange – Bats Europe, one US options exchange – Bats Options, in addition to Hotspot FX, which it acquired in January 2015.
Source: Hotspot FX
