4th Story Automated Trading Adds Direct Access to Hotspot FXiTullett Liberty Goes Live on 4th Story Platform
SAN FRANCISCO, August 6, 2007 --
4th Story Automated Trading Adds Direct Access to Hotspot FXi
4th Story, a leading provider of automated and algorithmic trading software to institutions, hedge funds and broker-dealers, announced today that trading strategists using 4S.Everglades™ can now connect to Hotspot FXi for spot foreign exchange trading.
4S.Everglades, 4th Story's innovative high-performance strategy trading platform, can directly access live, streaming, executable market data from Hotspot FXi's ECN-structured marketplace. Trading strategies implemented on the 4th Story multi-asset, multi currency platform can be configured to include Hotspot FXi among the venues from which they receive live market data and on which they automatically place and execute orders.
“Integration with Hotspot FXi continues our ongoing efforts to give our customers the options and flexibility to create and operate the automated and algorithmic trading strategies that will give them a competitive advantage,” said Steven Smith, Chief Executive Officer of 4th Story. “Strategists can target FX itself or add an FX element to models based on other asset classes like equities and futures.”
About 4th Story (www.4thstory.com)
4th Story, LLC's suite of software quickly enables and manages automated trading opportunities for brokers, hedge funds and institutional traders. The company's products give the user the power of rapid testing and implementation of arbitrarily complex quantitative, algorithmic and automated trading strategies.
About Hotspot FX, Inc. (www.hotspotfx.com)
Hotspot FX, Inc. operates leading spot FX ECN marketplaces for institutional and retail market participants respectively. Both marketplaces support client bidding and offering and anonymous, instantaneous, direct-access trading on live, executable, prices streamed by leading foreign exchange banks and financial institutions. Hotspot FXi is the top-rated multibank FX trading platform in the key execution speed category of the 2007 Euromoney Foreign Exchange Survey. It has won this award for three consecutive years.
Hotspot FX provides connectivity to trade and order management systems, market data vendors and other platforms via their LiveLink® proprietary API, which supports a FIX gateway as well as other connectivity protocols.
Hotspot FX, Inc. is a subsidiary of Knight Capital Group, Inc. The company is headquartered in Jersey City, New Jersey and has offices in Boston, Chicago, London and Singapore.
Hotspot FX, Hotspot FXi and LiveLink are registered service marks of Hotspot FX, Inc. TradeView is a service mark of Hotspot FX, Inc.