Hotspot FX reports September year-on-year growth

technology arms race

John Miesner, managing director and global head of sales at Hotspot FX in Jersey City, said the year-on-year volume rise was due to a big increase in client acquisition.

He said the platform also made a number of key upgrades, such as increased order types, between the fourth quarter of 2009 and Q1 this year. These include good-until-cancelled, stop-loss, take-profit and market.

September's average daily volume was also up 9% from $31 billion in August this year. Miesner attributed this to a

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