Celer Partners with Hotspot to Provide Streaming Forwards Trading GUI

OVERVIEW

London/New York/Singapore/Hong Kong: Celer Technologies, a leading provider of Foreign Exchange trading technology solutions to banks, brokers, buy-side, ECNs and trading venues is partnering with Hotspot, a CBOE Holdings Inc. company, and institutional FX trading platform. Celer Tech’s bespoke trading GUI allows customers to access Hotspot’s outright deliverable forward liquidity.

HOTSPOT

In May 2017, Hotspot became the first platform to provide outright deliverable forwards on an anonymous central-limit order book. Further, it is the first platform to allow prime brokerage clients to post passive quotes. This allows for expanded trading activity from participants, who are now able to trade without being forced to cross the bid-offer spread.

“Hotspot is committed to enhancing the way outright deliverable forwards are transacted in the market. Celer’s strong technical and market knowledge has allowed us to quickly deploy a GUI for our clients who want a high-performance, fully integrated and user-friendly interface to access our new anonymous outright forward market in addition to our spot market.”

Paul Millward (Hotspot: Head of FX Product Strategy)

CELER'S GUIs

Celer Tech GUIs provide a wide range of pricing, execution and allocation functionalities that can be customized to meet an individual client's requirements. Supported globally as a fully managed service, the Celer trading platforms are exceptionally flexible and can be applied to all business functions including, but not limited to, order management and execution, clearing and STP, and risk management.

“We are pleased to have been selected to provide Hotspot and Celer clients with a purpose-built UI for trading anonymous outright deliverable forwards.”

Ben Cuthbert (CEO)


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