KCG sells Hotspot FX ECN to BATS Global Markets for $365 million in cash LeapRate

January 28, 2015 BY Andrew Saks-McLeod

KCG sells Hotspot FX ECN to BATS Global Markets for $365 million in cash

Following KCG's initial announcement that LeapRate reported at the end of October that it was considering the sale of its spot FX venue Hotspot, the transaction has now been completed with BATS Global Markets as the new owner

Tag: Hotspot FX acquisition

KCG sells Hotspot FX ECN to BATS Global Markets for $365 million in cash

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