QuantHouse said its Hotspot FX feed handler allows algorithmic trading firms to obtain sub-millisecond access to one of the leading foreign exchange ECN marketplaces.
As adoption of electronic trading in the global FX markets continues to evolve, the markets remain fragmented, so the need to source multiple liquidity pools simultaneously has only strengthened.
A new breed of active market participants has been driving innovation in trading technology in recent years, the company pointed out in today’s release. To navigate the growing complexity of the FX marketplace, sophisticated FX traders are looking to develop and implement strategies.
“One of the most significant changes facing the FX market is the substantial increase in trading activities from non-bank financial institutions. Addressing this trend, QuantHouse continues to develop key technology components to help buy-side firms build an effective presence in the marketplace,” commented Pierre Feligioni, general manager and founder of QuantHouse in the release.
The Hotspot FX feed handler allows clients to use ultra-low latency technologies to access Hotspot FX’s program trading applications, providing a new level of functionality, according to QuantHouse in the release.
The company’s ultra-low latency market data solution QuantFEED captures raw data from the exchange, performs sub-millisecond decoding and delivers normalized data through a single API (application programming interface).
“Hotspot FX has experienced significant growth over the last two years as more FX traders seek the speed, transparency and flexibility of its platform,” stated John Miesner, managing director and head of global sales at Hotspot FX in the same release. “ We are pleased to work with QuantHouse to provide its clients with access to real-time and historical data and low-latency connectivity – the key components of automated FX trading.”
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio