• Continuous, neutral, multicontributor pricing that systematically supports pre-trade analytics and current best practices for obtaining multiple, competitive dealing prices with full transparency.
• Enhanced management and control of foreign exchange executions, enabling better trade performance and lower trading costs.
• The ability to accurately and precisely measure all-in foreign exchange transaction costs and their impact on portfolio returns and hedging requirements.

Operational Efficiency
Through the use of our API, both clients and banks benefit from straight through processing. Trades can be fed real time into front, middle, and back-office systems via Hotspot FXi’s LiveLink® proprietary API and FIX gateway.

Best Execution
Clients deal anonymously on neutral prices provided by competing banks and other clients. Hotspot FXi’s anonymous, transparent, open market structure ensure neutral pricing, that is pricing that refl ects fundamental market conditions only not a perception of the client’s intended trading direction based on knowledge of his trading strategies, tactics or current market positions.

• System-enforced best-price execution. Clients can only deal at the best price in the marketplace.
• Passive Trading and Bid/Offer Price Improvement: Hotspot FXi clients have the ability to enter bids and offers to trade passively. This feature enables clients to “earn” a spread instead of always having to deal on and “pay” a spread.

• Multicontributor: Prices for all currency pairs traded on Hotspot FXi are continuously streamed by up to 10 major banks and financial institutions as well as clients.
• Neutral: Prices reflect supply and demand in the overall market, not the strategy, style or current position of the client seeking to trade.
• Prices reflect the true market state, because off-market prices can be arbitraged instantaneously.
• Enhances best execution and enables true transaction cost analysis on a pre-trade, point-of-trade and post-trade basis.