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Boston Technologies, Inc. Expands Access to Hotspot FX Foreign Exchange Liquidity
Boston, MA December 13, 2011
Boston Technologies is now offering access to Hotspot FX's anonymous FX ECN coupled with its proven FX technology services and suite of products. This service is geared for retail forex brokerages, small to medium size hedge-funds and other institutional FX market participants. The addition of Hotspot brings institutional quality liquidity to market participants that formerly could not economically or efficiently access Hotspot FX liquidity. Utilizing Boston Technologies' prime brokerage, technology and back office infrastructure allows clients to access Hotspot liquidity seamlessly and transparently while reducing trading costs.
"As our business is expanding, we see increased liquidity demand from brokers and smaller institutions, and our relationship with Boston Technologies helps us better serve these companies. We commend Boston Technologies' history of supporting this marketplace and are excited to deliver sophisticated liquidity solutions to its customers," said John Miesner, Managing Director and Head of Global Sales at Hotspot FX.
"Teaming with one of the most well respected ECNs in the world helps us satisfy the need of deep liquidity straight through process solutions and improve our institutional offering. We feel this market segment is currently underserved and that we are well positioned to gain additional market share," said George Popescu, CEO of Boston Technologies. "As our customer base continues to grow we seek complimentary FX trading and liquidity solutions to satisfy their needs. Our mission is to be the one-stop shop for FX Brokerages. We look forward to working with Hotspot in providing a best of breed trading experience."
To learn more about the Boston Technologies Hotspot liquidity solution contact Mitch Eaglstein at 617.600.4028 or mitch@bostontechnologies.com
Hotspot FX LLC is a subsidiary of Knight Capital Group, Inc. Hotspot FX in Europe is a division of Knight Capital Europe Limited.
About Boston Technologies
Boston Technologies, based in Boston, MA, is a world-leading innovator and provider of trading technology and software for institutional and retail brokerage firms trading in foreign exchange and other over-the-counter instruments. Boston Technologies is headquartered in downtown Boston with additional offices in New York City, London and Japan. You can learn more about Boston Technologies at www.bostontechnologies.com.###
Contact:
Boston Technologies Inc.
Joanna Odella
Director of Marketing
+1 617 600 3129
jodella@bostontechnologies.com
