Monthly Statistics September 2015

Transcription

1 Monthly Statistics September VOLUME SNAPSHOT Hotspot s average daily volume (ADV) registered at $26.2B in September 2015, a 7.5% decline from the prior month s pace. Market share for September, as measured against publicly reporting spot FX venues, rose 30 basis points to 11.7%. Q ADV and market share were $25.9B and 11.5%, respectively. September saw the successful mid-month launch of Hotspot s new London Matching Engine at LD4, with over $3B traded by a growing number of market participants. September 2015 Statistics (Single-Count, USD): Hotspot posted an ADV of $26.2 billion (based on 66 trading days). ADV decreased 7.5% versus August 2015 (August 2015 ADV: $28.3 billion). ADV decreased 31.6% versus September 2014 (September 2014 ADV: $38.2 billion). Total Volume: $575.9 billion Q Statistics (Single-Count, USD): Hotspot posted an ADV of $25.9 billion (based on 22 trading days). ADV decreased 3.9% versus Q (Q ADV: $27.0 billion). ADV decreased 14.4% versus Q (Q ADV: $30.3 billion). Total Volume: $1.71 trillion Monthly Statistics (in $Billions): USD Value Traded Average Daily Volume (ADV) September 2015 $575.9 $26.2 September 2014 $841.4 $38.2 August 2015 $594.3 $28.3 Quarterly Statistics (in $Billions): USD Value Traded Average Daily Volume (ADV) Q3 15 $1,710.9 $25.9 Q3 14 $1,999.8 $30.3 Q2 15 $1,753.0 $ Month Moving Average (in $Billions): 12 Months Ending Sept 2015 % Change from Prior 12 Months Hotspot $ % EBS $ % Reuters/FXall $ % Overall Market* $ %

2 ADV in $Billions (Single-Count) % Change in Volume vs Dec MARKET TRENDS Sept 2015 August 2015 Sept Month Market Share Hotspot Market Share* 11.7% 11.4% 12.7% 11.5% Hotspot s ADV percentage changes compared to other reporting venues: % Change in ADV Sept 2015 vs. Aug 2015 Sept 2015 vs. Sept 2014 Q3 15 vs. Q2 15 Q3 15 vs. Q3 14 Hotspot -7.5% -31.6% -3.9% -14.4% EBS -10.9% -24.2% -7.4% -0.8% Reuters/FXall -8.3% -24.4% -2.2% -6.1% Overall Market* -9.3% -25.2% -4.5% -5.1% CME Futures +8.9% -15.4% -3.7% +8.6% 100% FX Volume Trends: Dec 2012 Baseline 75% 50% 25% 0% -25% -50% Hotspot CME EBS Reuters / FXall Hotspot Volume & Market Share Sept 2015 $32 15% $28 $24 $20 $16 $12 13% 11% 9% 7% $ % Hotspot ADV Hotspot Mkt Shr (HS, EBS, Reuters)

3 % of Volume 3. VOLUME BREAKDOWN Asia Europe Americas Volume Percentage September % 41.7% 42.6% Volume Percentage August % 41.0% 43.5% Volume Breakdown Volume by Hour 14.00% Hotspot Hourly Volume 12.00% Hour (EST) Sept-15 Jul % 5pm 0.24% 0.19% 6pm 0.98% 0.97% 7pm 1.56% 1.41% 8pm 3.02% 2.49% 9pm 2.65% 3.43% 10pm 1.93% 2.06% 11pm 1.48% 1.46% 8.00% 6.00% 4.00% 2.00% 0.00% 12am 1.66% 1.51% Hour (EST) Aug-15 Sep-15 1am 2.20% 2.03% 2am 5.12% 4.61% 3am 7.10% 6.83% 4am 6.16% 5.74% 5am 4.83% 4.42% 6am 4.82% 5.10% 7am 4.78% 5.30% 8am 8.88% 8.99% 9am 9.10% 9.79% 10am 11.26% 11.54% 11am 7.52% 7.83% 12pm 3.71% 4.04% 1pm 2.90% 3.17% 2pm 3.85% 3.10% 3pm 2.74% 2.36% 4pm 1.53% 1.63% Grand Total 100% 100%

4 The Top Five currency pairs by volume percentage were: Currency Pair EUR/USD USD/JPY GBP/USD AUD/USD USD/CAD Percentage 24.1% 18.5% 10.6% 9.0% 8.0% Currency Pair Time Zone Sep-15 Aug-15 Currency Pair Time Zone Sep-15 Aug-15 EUR/USD Asia 2.42% 2.64% USD/SGD Asia 0.46% 0.55% Europe 10.73% 10.92% Europe 0.65% 0.79% US 10.91% 10.79% US 0.48% 0.61% EUR/USD Total 24.07% 24.35% USD/SGD Total 1.59% 1.95% USD/JPY Asia 5.47% 4.51% EUR/SEK Asia 0.06% 0.04% Europe 6.78% 6.02% Europe 0.82% 0.84% US 6.22% 7.25% US 0.61% 0.50% USD/JPY Total 18.47% 17.79% EUR/SEK Total 1.50% 1.39% GBP/USD Asia 0.87% 1.04% EUR/CHF Asia 0.10% 0.13% Europe 4.85% 5.49% Europe 0.59% 0.61% US 4.84% 5.24% US 0.60% 0.58% GBP/USD Total 10.56% 11.77% EUR/CHF Total 1.29% 1.32% AUD/USD Asia 2.62% 2.66% EUR/NOK Asia 0.04% 0.04% Europe 3.17% 3.35% Europe 0.67% 0.69% US 3.19% 3.30% US 0.49% 0.46% AUD/USD Total 8.99% 9.31% EUR/NOK Total 1.19% 1.20% USD/CAD Asia 0.69% 0.75% USD/ZAR Asia 0.05% 0.04% Europe 2.55% 2.75% Europe 0.55% 0.44% US 4.75% 4.63% US 0.53% 0.45% USD/CAD Total 7.99% 8.13% USD/ZAR Total 1.12% 0.93% EUR/JPY Asia 0.59% 0.55% USD/CNH Asia 0.36% 0.35% Europe 2.47% 1.76% Europe 0.60% 0.47% US 1.73% 1.33% US 0.14% 0.20% EUR/JPY Total 4.80% 3.64% USD/CNH Total 1.11% 1.02% EUR/GBP Asia 0.24% 0.24% AUD/JPY Asia 0.31% 0.31% Europe 1.87% 1.59% Europe 0.41% 0.25% US 1.19% 1.18% US 0.31% 0.23% EUR/GBP Total 3.31% 3.01% AUD/JPY Total 1.03% 0.79% USD/MXN Asia 0.05% 0.05% EUR/AUD Asia 0.18% 0.12% Europe 0.63% 0.69% Europe 0.26% 0.21% US 2.01% 2.03% US 0.21% 0.16% USD/MXN Total 2.69% 2.78% EUR/AUD Total 0.65% 0.49% NZD/USD Asia 0.64% 0.75% USD/TRY Asia 0.03% 0.02% Europe 0.92% 1.04% Europe 0.36% 0.25% US 1.11% 1.38% US 0.23% 0.24% NZD/USD Total 2.67% 3.16% USD/TRY Total 0.61% 0.51% USD/CHF Asia 0.21% 0.30% EUR/CAD Asia 0.02% 0.02% Europe 0.89% 1.11% Europe 0.22% 0.16% US 1.27% 1.32% US 0.29% 0.21% USD/CHF Total 2.36% 2.73% EUR/CAD Total 0.52% 0.39% EST: Asia: 5pm-2am Europe: 2am-9am US: 9am-5pm

5 Notes: Hotspot daily, monthly, and quarterly volumes are posted on: Hotspot volumes represent the notional value in U.S. dollars of all trades executed on the platform, counting one side of the transaction. All comparative volume data has been normalized to account for different counting methodologies. Average Daily Volume (ADV) reported by each platform may not be based on the same number of trading days for a given month due to observed national or bank holidays unique to a given platform. Hotspot counts each day that the platform is open as a valid trading day. *Market Share represents Hotspot volume divided by the total volume of publicly reporting spot FX venues (Hotspot, EBS/ICAP, & Reuters/FXall).