Hotspot FX
Hotspot FX was founded in 2000 by a group of foreign exchange market professionals. In 2001, the firm was registered to offer trading services to retail clients in the US.
In 2002, the firm launched Hotspot FXi, the first institutional ECN with a prime broker-based credit structure. The rapid adoption of Hotspot FXi by leading hedge funds, CTAs, traditional asset managers and banks quickly propelled it to the top rank of FX multibank platforms. At Hotspot FX we believe the ECN model benefits all foreign exchange market participants. Hotspot FX's ECNs enable clients to trade on a level playing field with greater market transparency and enhanced control of their trade executions. These capabilities and other platform features were revolutionary when first introduced and they continue to set Hotspot FX platforms apart from others. Going forward, we anticipate continued growth from an expanding institutional client base as well as evolutionary growth from the growing class of individual traders who understand the benefits of trading on a professional ECN platform. To better support this client segment, as well as the financial institutions that serves it, in 2007 Hotspot FXi Europe Limited sought and received regulatory approval from the FSA to offer its services directly to individual investors and brokers in the UK and Europe. Hotspot FX, Inc. is a subsidiary of Knight Capital Group, Inc. (Nasdaq: NITE) |
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