Hotspot FXi adds Bear
The US bank is already live as a prime broker on Hotspot FXi and will also join as a liquidity provider over the next two months.
"Bear Stearns has a great FX business and prime brokerage operation," John Eley, Hotspot FXi’s president and chief executive officer told FX Week. "And a significant proportion of its customer base is unique [to Hotspot FXi] in that it does not overlap with the other prime brokers on the platform." He declined to elaborate on the nature of these clients or the number
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