Hotspot FXi launches TradeViewsm
Hotspot FXis new TradeView facility enables market participants to monitor FX market depth by their preferred dealing quantities.
Hotspot FXis new TradeView facility enables market participants to monitor FX market depth by their preferred dealing quantities. The weighted average prices displayed are fully executable prices, not indicative rates, enabling clients to instantly execute trades for the specified quantity.<br>
In the event of missed trades or partial fills, TradeView provides execution algorithms that the client can configure to fill the balance. In addition, clients can set a chase factor to provide a degree of discretion to fill the full order amount. In all cases, TradeView transacts at the displayed price or better or within the range of the client-specified chase factor. TradeView has been in use at several leading FX market participants since July. It is now available to all Hotspot FXi clients on the current version of the trading platform software.