Boston Technologies taps Hotspot FX's liquidity

Boston Technologies is adding Hotspot FX, which seems to be one of the fastest growing institutional FX platforms, into its network of Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers. By doing so BT enhances liquidity of its BT Prime service and allows market participants unable to do so themselves to plug into Hotspot's ECN.

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

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