Spotex has launched new functionality that enables brokers to configure discrete liquidity pools for clients. The new hub capability runs on Spotex’s modular broker technology, which supports full, front-to-back office capabilities and low latency trade executions. Brokers, especially those offering pure agency (or “A” book) execution models, are the main users of Spotex technology and ECN. The introduction of discrete liquidity hubs will enable brokers to provide new liquidity models to clients.
“We are excited to roll out this new offering, which we’ve developed in close collaboration with key broker clients,” said John Miesner, Senior Managing Director, Spotex LLC. “The new hub offering enables brokers to configure liquidity pools that best fit their business models and the trading objectives of their clients.”