Knight Capital to launch Hotspot Private Label by end of the year
Electronic trading venue Hotspot FX is working to launch a new business line dubbed Hotspot Private Label, a miniature version of Hotspot tailored to the needs of foreign exchange brokers.
The service, run by New Jersey-based Knight Capital Group, has been in development for the past 12–18 months, but is expected to launch by the end of the year. Hotspot Private Label will include administrative and risk management tools, a newly redesigned graphical user interface (GUI) and full reporting
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