Hotspot FXi surges in market share in Euromoney FX poll
Hotspot FXi total multibank market share grew from fifth position in 2005 to second position in the 2006 Euromoney FX Poll.
Hotspot FXi total multibank market share grew from fifth position in 2005 to second position in the 2006 Euromoney FX Poll. The poll data further indicated Hotspot FXi is a leader in multibank spot FX market share, when adjusted for forwards, swaps and other instruments traded on other platforms. In addition to market share gains, Hotspot FXi was placed first among multibank platforms in the key categories of speed of Execution and STP for the second year in a row.
Hotspot FXis execution speed is facilitated by the platforms optimized client and bank interfaces, live, executable rates, and instant finality of trades upon execution. STP is provided through a distributed system that enables clients to route trades seamlessly via their prime broker clearing banks into their existing middle and back-office systems.