Hotspot to Offer Free Gold Trading to Clients Starting in May

Tuesday, 21/04/2015 | 08:07 GMT by Victor Golovtchenko
  • BATS Global Markets is aggressively entering the FX market bringing the allure of free precious metals trading to existing and new clients
Hotspot to Offer Free Gold Trading to Clients Starting in May
Photo: Bloomberg

Hotspot, the first electronic communications network for institutional grade trading which was recently acquired by BATS Global Markets, is launching an aggressive commodity pairs trading promotion.

BATS Global Markets has just announced that it will begin offering free gold trading for all Hotspot customers starting May 1, 2015. The promotion, dubbed “Free Gold” includes spot gold and spot silver pairs trading. It will last at least until the end of 2015 with a possible extension into 2016.

The offering is consistent with BATS' aggressive promotion strategies

CEO of BATS, Chris Concannon said, “Our ‘Free Gold’ offering is consistent with the aggressive pricing promotions BATS has strategically offered customers across our equity and options trading platforms.”

The Senior Vice President of Foreign Exchange at BATS, Bill Goodbody, added, “Hotspot has built its business on great customer service, competitive pricing and award-winning technology. Our ‘Free Gold’ promotion is a great opportunity for us to reward our clients for their long-term commitment to trading on our platform and to welcome new clients as well.”

After BATS Global Markets finalized the Acquisition of Hotspot earlier in March, the company's CEO Chris Concannon accentuated that the firm aims to become a market leader in the foreign exchange space. The firm registered a 20% rebound in trading volumes last month, after an industry-wide slump in February.

Hotspot, the first electronic communications network for institutional grade trading which was recently acquired by BATS Global Markets, is launching an aggressive commodity pairs trading promotion.

BATS Global Markets has just announced that it will begin offering free gold trading for all Hotspot customers starting May 1, 2015. The promotion, dubbed “Free Gold” includes spot gold and spot silver pairs trading. It will last at least until the end of 2015 with a possible extension into 2016.

The offering is consistent with BATS' aggressive promotion strategies

CEO of BATS, Chris Concannon said, “Our ‘Free Gold’ offering is consistent with the aggressive pricing promotions BATS has strategically offered customers across our equity and options trading platforms.”

The Senior Vice President of Foreign Exchange at BATS, Bill Goodbody, added, “Hotspot has built its business on great customer service, competitive pricing and award-winning technology. Our ‘Free Gold’ promotion is a great opportunity for us to reward our clients for their long-term commitment to trading on our platform and to welcome new clients as well.”

After BATS Global Markets finalized the Acquisition of Hotspot earlier in March, the company's CEO Chris Concannon accentuated that the firm aims to become a market leader in the foreign exchange space. The firm registered a 20% rebound in trading volumes last month, after an industry-wide slump in February.

Topics
Bats
Bats Global Markets
Hotspot
About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3424 Articles
  • 22 Followers
Victor Golovtchenko: Key voice in crypto and FX, providing cutting-edge market analysis.

More from the Author

Institutional FX

FMLS:24 panel on "Swimming Naked? Liquidity Amid Market Hiccups"

FMLS:24 panel on "Swimming Naked? Liquidity Amid Market Hiccups"

FMLS:24 panel on "Swimming Naked? Liquidity Amid Market Hiccups"

FMLS:24 panel on "Swimming Naked? Liquidity Amid Market Hiccups"
More Videos

  • FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.

    FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.

    FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.

    FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.

  • Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24

    Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24

    Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24

    Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24

  • Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights

    Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights

    🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner! An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus! Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz #FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity

    🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner! An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus! Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz #FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity

  • FMLS:24 | Shaping the Next Era of Financial Evolution

    FMLS:24 | Shaping the Next Era of Financial Evolution

    Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients. Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights. 👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo #fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!

    Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients. Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights. 👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo #fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!