Hotspot FXi signs major asset manager

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Ian Battye, Russell’s director of currency management, said that the link to Hotspot represents a significant development in the firm’s foreign exchange process.

"Hotspot will open up new and diverse sources of liquidity that will help achieve best execution for our clients as well as complement our existing bank and request-for-quote liquidity sources" he said.

Battye added that the way asset managers trade foreign exchange is changing. "In time, the challenge for asset managers will not be if

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