The Hotspot marketplace features a diverse, multi-contributor client base, making it a robust source of FX price discovery. As a result, Hotspot's live and historical market data options offer unique market insights when used in trading models, algorithms, and analytics. Hotspot market data attributes include:
- Neutrality - All Hotspot market data offerings are comprised of anonymous quotes and trade executions reflecting global market conditions.
- Speed - Hotspot offers a variety of data feed options via several protocols for customers to choose which feed best suits their needs. Each feed shows a view of all the bids and offers available and displays the diverse liquidity throughout the Hotspot market. Price feeds are available in a real-time streaming event based format via Hotspot ITCH, or a snapshot format via FIX Bookfeed API (50ms).
- Diversity - Hotspot market data reflects bids and offers entered by top global bank market makers as well as prices entered by the world's leading hedge funds, CTAs, asset managers and proprietary traders. This client-supplied liquidity, which averages more than twenty-five billion dollars of trading volume daily, provides a representative view of the FX market.*
Hotspot market data is available directly to clients as well as via leading market data vendors. Please contact your sales representative for access.
*Trading volumes are subject to change due to market conditions.