June 14, 2016 BY LeapRate Staff

Bats and Hotspot FX to launch anonymous order book Outright Deliverable FX Forwards market

Financial exchange operator Bats Global Markets Inc (BATS:BATS) has announced that, alongside its Hotspot FX institutional forex division, it plans to offer global trading of outright deliverable forwards contracts, with a launch planned for fall 2016. Bats plans for the new market to operate as an anonymous order book, utilizing the Hotspot FX matching engine which migrated to…

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