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BATS Hotspot Offers Free London Matching Trades

Wednesday, August 5, 2015 5:00:00 AM PDT | VentureDeal
   London, UK  --  Foreign exchange market operator Hotspot has announced an offer for free trading on its London-based matching engine.

Hotspot, which is owned by BATS Global Markets, targets specific currency pairs in order to attract participation from Asian clients who want to be active in Europe.

The division also has a New York matching engine, when combined with the new London capability, provides investors with "two distinct pools of liquidity to drive price formation globally."

The free trading promotion will be offered through the end of 2015.

Hotspot previously announced three gold and silver trading promotions and the elimination of liquidity removal fees for more than 30 currency pairs.  These promotions are also effective through the end of 2015.

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