BATS continues to reform Hotspot by tightening rules for market makers
New standards for market makers designed to provide enhanced transparency to the global electronic FX market
Read moreNew standards for market makers designed to provide enhanced transparency to the global electronic FX market
Read moreHotspot, a leading institutional ECN for the Forex market, today announced plans to eliminate liquidity removal fees for customers in more than 30 currency pairs, beginning June 1st, 2015.
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Read morePromotion effective starting 1st of May, will continue at least through year end
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Read moreHotspot, which was acquired by BATS on 13th March, will continue to operate its matching engine in the New York area. The London matching engine will target Europe and Asia and specific FX currencies that dominate the European and Asian trading hours
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Read moreLeapRate Exclusive... We've speculated a number of times since Knight Capital's merger with Getco in mid 2013 to form KCG (e.g. see here), that KCG was likely to put Hotspot FX up for sale at some point to focus on its core equity market making businesses. And it seems as though we were right - KCG…
Read moreKCG Hotspot experienced an all time record in trading volume on October 15, along with many other prominent venues, amounting to $59 billion in daily revenue
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