Hotspot FX expands coverage
TECHNOLOGY NEWS
The new currency pairs are Sterling/ yen, Canadian dollar/yen, Australian dollar/yen, Swiss franc/yen and eurodollar/Swedish krona.
The ECN said electronic FX trading is growing strongly among individual traders, new hedge funds and futures firms in Australian and Asian time zones.
"We expect to see increased volume in these new pairs from [the Asia-Pacific] market as well as from our existing client base," said Barry Calder, senior vice-president at Hotspot FX in Watchung, New Jersey.
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