Algo traders get faster execution with Quanthouse

Quanthouse a leading technology solutions provider to automated traders has made its Hotspot FX feed handler available to algorithmic traders.

Adoption of electronic trading continues to increase in the global FX market. Given that markets remain fragmented, the need to source multiple 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 pools simultaneously has only strengthened the overall position of investing in new infrastructure.

In recent years, a new breed of active market participants has driven significant innovation in trading technology. As traders navigate through growing complexity within the marketplace, development and implementation of strategies have become a vital part of some of the more sophisticated FX traders.

The Hotspot FX feed handler allows clients to use ultra-low latency technologies to access Hotspot FX’s program trading applications, providing a new level of functionality, with increased market transparency and greater control of the trading process – thus enabling better trade Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and reduced costs.

QuantHouse’s ultra-low latency market data solution, QuantFEED, captures raw data from the exchange, performs sub-millisecond decoding and delivers normalized data through a single API (application programming interface).

Pierre Feligioni, General Manager and Founder of QuantHouse, said:

“One of the most significant changes facing the FX market is the substantial increase in trading activities from non-bank financial institutions. Addressing this trend, QuantHouse continues to develop key technology components to help buy-side firms build an effective presence in the marketplace.”

John Miesner, Managing Director and Head of Global Sales at Hotspot FX, commented:

“Hotspot FX has experienced significant growth over the last two years as more FX traders seek the speed, transparency and flexibility of its platform. We are pleased to work with QuantHouse to provide its clients with access to real-time and historical data and low-latency connectivity – the key components of automated FX trading.”

Stephane Leroy, Head of Global Sales & Marketing at QuantHouse, concluded:

“That’s where QuantHouse and Hotspot FX fit in perfectly. We have successfully provided our clients with the business advantage to apply strategies across a full portfolio, including FX with an unprecedented level of control and a virtually limitless pool of trading opportunities.”

Hotspot FX has been positioning itself as a strong player in the 3 runner ECN space (along with FXall and Currenex). They had a record trading month in October 2011 and volumes have been growing.

Forexmagnates team covered trading volumes in the institutional trading arena in the latest quarterly report.