Monthly Statistics August 2014

Size: px

Start display at page:

Download "Monthly Statistics August 2014"

Horatio Crawford
5 years ago
Views:

1 1. Volume Snapshot Monthly Statistics August 2014 KCG Hotspot posted a month-over-month 21% increase in ADV, accounting for 13.1% of publicly reported spot FX volume in August KCG Hotspot remains the sole reporting venue to post increasing volume on a 12-month rolling average basis, while all other reporting venues are in decline. August 2014 Statistics (Single Count, USD): KCG Hotspot posted an ADV of $28.9 billion. (based on 21 trading days) ADV increased 20.5% versus July (July 2014 ADV: $24.0 billion) ADV increased 3.1% versus August (August 2013 ADV: $28.0 billion) Total Volume: $606.9 billion Monthly Statistics: US Dollar Value Traded Average Daily Volume (ADV) August 2014 $606.9 Billion $28.9 Billion August 2013 $616.9 Billion $28.0 Billion KCG Hotspot s volumes are posted on: 12-Month Daily Moving Average: 12 Months Ending Aug 30, 2014 % Change from Prior 12 Months KCG Hotspot $28.6 Billion +4.0% EBS $78.5 Billion -30.6% Reuters/FXall* $113.1 Billion -16.9%

2 2. Market Trends Aug-14 Jul-14 Aug Month Avg KCG Hotspot Market Share** 13.1% 12.4% 12.9% 13.0% KCG Hotspot s MoM & YoY ADV percentage change for KCG Hotspot & other reporting venues: Aug 2014 vs. Jul 2014 Aug 2014 vs. Aug 2013 KCG Hotspot +21% +3% EBS +21% +9% Reuters/FXall +8% -4% CME +15% -13% Overall Market (Reuters/FXall, EBS, KCG Hotspot) +14% +2% FX Volume Trends - December 2012 Base Line 200 Volume Change (%) vs December Hotspot CME EBS Reuters/Fxall Sources: KCG Hotspot, CME Group, EBS/ICAP, Reuters/FXall

3 3. Volume Breakdown Trading activity for August 2014 in the Asian session increased by 0.72%. Activity during the European and Americas sessions decreased 0.71% and 0.05% respectively. Asia Europe Americas Volume Percentage (August 2014) 13.89% 44.90% 41.17% Volume Percentage (July 2014) 13.17% 45.61% 41.22% VOLUME BY HOUR (EST) Volume by Hour Month Hour (EST) Aug-14 Jul-14 5pm 0.23% 0.28% 6pm 0.66% 0.68% 7pm 1.00% 0.94% 8pm 2.31% 2.26% 9pm 2.84% 2.68% 10pm 1.90% 1.70% 11pm 1.60% 1.27% 12am 1.29% 1.52% 1am 2.07% 1.83% 2am 4.92% 4.38% 3am 6.12% 7.22% 4am 6.77% 7.70% 5am 5.92% 5.41% 6am 5.39% 4.06% 7am 5.23% 4.92% 8am 10.60% 11.93% 9am 8.45% 10.09% 10am 11.31% 10.78% 11am 7.80% 7.04% 12pm 4.23% 3.85% 1pm 2.83% 2.84% 2pm 3.30% 3.13% 3pm 2.04% 2.07% 4pm 1.21% 1.42% Grand Total % % % of Volume 14.00% 12.00% 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% KCG Hotspot Volume Per Hour 5pm 7pm 9pm 11pm 1am 3am 5am 7am 9am 11am 1pm 3pm Hour (EST) Aug-14 Jul-14 Currency Pair EUR/USD USD/JPY GBP/USD AUD/USD USD/CAD Percentage 25.68% 15.17% 12.46% 8.76% 6.18% AUD/USD saw the largest month-over-month volume decline of 1.29% for the month of August USD/RUB dropped out of the Top 20 and was replaced by USD/CNH. GBP/JPY fell 3 spots to the 19 th position, while USD/MXN climbed 3 spots to 7 th. Both USD/MXN and USD/CNH reached a respective all-time high of 3.82% and 0.52% of total volume concentration.

4 Our top 20 currency pairs by volume percentage and time zone were: Pair Timezone Aug-14 Jul-14 Currency Pair Timezone Aug-14 Jul-14 EUR/USD Europe 12.41% 12.63% EUR/JPY Europe 1.37% 1.31% US 11.17% 10.55% US 1.01% 1.13% Asia 2.10% 1.89% Asia 0.58% 0.69% EUR/USD Total 25.68% 25.07% EUR/JPY Total 2.96% 3.13% USD/JPY US 6.27% 5.90% USD/SGD Europe 0.60% 0.52% Europe 5.56% 5.56% Asia 0.37% 0.31% Asia 3.33% 3.19% US 0.27% 0.31% USD/JPY Total 15.17% 14.65% USD/SGD Total 1.24% 1.14% GBP/USD Europe 6.71% 7.30% EUR/NOK Europe 0.80% 0.64% US 4.59% 5.36% US 0.32% 0.34% Asia 1.16% 0.85% Asia 0.02% 0.02% GBP/USD Total 12.46% 13.51% EUR/NOK Total 1.14% 1.00% AUD/USD Europe 3.07% 3.60% EUR/SEK Europe 0.71% 0.71% US 3.00% 3.49% US 0.32% 0.43% Asia 2.69% 2.95% Asia 0.03% 0.03% AUD/USD Total 8.76% 10.04% EUR/SEK Total 1.06% 1.17% USD/CAD US 3.26% 3.49% USD/ZAR Europe 0.47% 0.57% Europe 2.38% 2.58% US 0.40% 0.49% Asia 0.54% 0.45% Asia 0.04% 0.03% USD/CAD Total 6.18% 6.52% USD/ZAR Total 0.91% 1.09% USD/CHF Europe 2.26% 2.05% USD/TRY Europe 0.42% 0.34% US 2.14% 1.95% US 0.25% 0.26% Asia 0.42% 0.31% Asia 0.01% 0.01% USD/CHF Total 4.82% 4.30% USD/TRY Total 0.68% 0.61% USD/MXN US 2.78% 2.19% AUD/JPY Asia 0.24% 0.23% Europe 0.98% 0.63% Europe 0.17% 0.18% Asia 0.06% 0.04% US 0.14% 0.12% USD/MXN Total 3.82% 2.86% AUD/JPY Total 0.55% 0.52% EUR/GBP Europe 2.01% 1.96% USD/CNH Europe 0.24% 0.17% US 1.23% 1.09% Asia 0.21% 0.16% Asia 0.25% 0.18% US 0.07% 0.06% EUR/GBP Total 3.49% 3.24% USD/CNH Total 0.52% 0.39% EUR/CHF Europe 1.59% 1.17% GBP/JPY Europe 0.27% 0.33% US 1.40% 1.08% US 0.16% 0.24% Asia 0.30% 0.16% Asia 0.08% 0.08% EUR/CHF Total 3.29% 2.41% GBP/JPY Total 0.51% 0.65% NZD/USD Europe 1.11% 1.26% AUD/NZD Asia 0.22% 0.23% US 1.07% 1.21% Europe 0.11% 0.17% Asia 0.92% 0.99% US 0.12% 0.12% NZD/USD Total 3.10% 3.46% AUD/NZD Total 0.45% 0.52% EST- Asia: 5pm - 2am Europe: 2am - 9am US: 9am - 5pm

5 Notes: KCG Hotspot daily, monthly, and quarterly volumes are posted on: KCG 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. KCG Hotspot counts each day that the platform is open as a valid trading day. *Reuters/FXall percentage change compares most recent 12 month rolling ADV to the prior 7 months of farthest ADV data available (Jan-Jul 2013). **Market Share represents KCG Hotspot volume divided by the total volume of publicly reporting spot FX venues (KCG Hotspot, EBS &Reuters/FXall).

Monthly Statistics June 2014

1. Volume Snapshot Monthly Statistics June 2014 KCG Hotspot posted a month-over-month 6% increase in ADV, accounting for 13.9% of publicly reported spot FX volume in June 2014, unchanged from the prior