KCG Hotspot and Its Dark Liquidity Pool Join DealHub’s eFX Distribution Hub Service
- An FX distribution hub delivers a one-stop solution to managing multi-channel price distribution and liquidity sourcing in the FX market. One interface provides banks with access to venues and direct counterparties.
DealHub (Option Computers Ltd), a provider of FX data and trade connectivity products for financial firms, announced today that KCG HotSpot, the institutional FX ECN, is the latest Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term to connect to the firm’s FX Distribution Hub service.
The move will allow existing DealHub customers to connect to HotSpot, including the firm’s recently launched QT dark liquidity pool, via the ‘connectivity as a service’ platform.
Bill Goodbody, Managing Director & Head of Sales at KCG Hotspot commented, “Our focus has consistently been on providing our clients with bespoke solutions that help them access Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and reduce friction in their workflow. As we deliver innovative new liquidity solutions including HotSpot QT, and continue to experience rapid volume growth, joining FX Distribution Hub is a natural step in helping us meet the increasing demand from new price makers and takers who want to connect quickly and easily to our deep pool of liquidity.”
An FX distribution Hub delivers a one-stop solution to managing multi-channel price distribution and liquidity sourcing in the FX market. One interface provides banks with access to trading venues and a community of direct counterparties. The DealHub FX Distribution Hub forms an integral part of RefleX, the firm’s modular eFX platform launched in September.
Chris Leaver, COO at DealHub commented, “We’re delighted to welcome KCG HotSpot to FX Distribution Hub. We’ve reached the point where the cost, time to market and performance benefits of the Hub are well established for banks looking to extend their venue distribution and the Hotspot platform is emerging as a priority for both new and existing customers. With the launch of DealHub RefleX, we’re now able to offer banks an incredibly flexible route to high performance eFX – whether they’re upgrading an existing platform, or taking their first steps in the market.”
DealHub (Option Computers Ltd), a provider of FX data and trade connectivity products for financial firms, announced today that KCG HotSpot, the institutional FX ECN, is the latest Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term to connect to the firm’s FX Distribution Hub service.
The move will allow existing DealHub customers to connect to HotSpot, including the firm’s recently launched QT dark liquidity pool, via the ‘connectivity as a service’ platform.
Bill Goodbody, Managing Director & Head of Sales at KCG Hotspot commented, “Our focus has consistently been on providing our clients with bespoke solutions that help them access Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and reduce friction in their workflow. As we deliver innovative new liquidity solutions including HotSpot QT, and continue to experience rapid volume growth, joining FX Distribution Hub is a natural step in helping us meet the increasing demand from new price makers and takers who want to connect quickly and easily to our deep pool of liquidity.”
An FX distribution Hub delivers a one-stop solution to managing multi-channel price distribution and liquidity sourcing in the FX market. One interface provides banks with access to trading venues and a community of direct counterparties. The DealHub FX Distribution Hub forms an integral part of RefleX, the firm’s modular eFX platform launched in September.
Chris Leaver, COO at DealHub commented, “We’re delighted to welcome KCG HotSpot to FX Distribution Hub. We’ve reached the point where the cost, time to market and performance benefits of the Hub are well established for banks looking to extend their venue distribution and the Hotspot platform is emerging as a priority for both new and existing customers. With the launch of DealHub RefleX, we’re now able to offer banks an incredibly flexible route to high performance eFX – whether they’re upgrading an existing platform, or taking their first steps in the market.”