eSignal and Hotspot FX Unveil Spot FX Data; Joint Effort Provides Real-Time Access to Spot Foreign Exchange Data.HAYWARD, Calif. -- eSignal, a division of Interactive Data Corporation (NYSE NYSE See: New York Stock Exchange : IDC) and a leading provider of streaming, real-time financial market data, news, analytics and decision support tools to professional and individual traders, together with Hotspot FX, Inc, operator of premier institutional and retail foreign exchange trading Foreign Exchange Trading or FX Trading, clients are able to hedge against, or speculate upon, changes in the exchange rate of two currencies. For example, a speculator can long EUR/USD in foreign exchange market in order to profit from capturing the appreciation of Euro against the marketplaces and provider of anonymous, real-time trading on live, streaming, multibank prices, today announced the availability of Hotspot FX's foreign exchange data via eSignal's market data and news platforms. "Hotspot FX is known for its robust, executable, multibank data, which makes it a valuable enhancement to our services," said Robin Verderosa, Senior Director, Product Management of eSignal. R. Keith Lite, Director of Business Development, Hotspot FX Inc., had this to say, "By adding Hotspot FX's real-time market data, eSignal customers can monitor foreign exchange trading and related risk management strategies from a single tool. Together with Hotspot FX, eSignal provides 24-hour access to the highly liquid FX market." Hotspot FX's participating banks are among the top-rated global financial institutions and are fully integrated into the Hotspot FX marketplace, providing ongoing liquidity and a virtual clearinghouse network. In terms of trading volume, daily forex turnover exceeds $1.9 trillion (source: Bank for International Settlements, September, 2004) making the forex market the world's largest market, dwarfing both the U.S. bond and equity markets. Availability: eSignal products are available for purchase online or by calling 800-833-1228. Visit eSignal's website (www.esignal.com) for a complete list of features and pricing options. To trade on Hotspot FX, the firm's retail marketplace, individuals and smaller professional traders or broker/dealers and FCM's representing retail traders can establish omnibus or direct accounts with Hotspot FX's fully regulated Futures Commission Merchant Futures commission merchant (FCM) A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with such solicitation or acceptance of orders, accepts any (FCM FCM See: Futures commission merchant FCM See futures commission merchant (FCM). ). To trade on Hotspot FXi, Hotspot FX's institutional marketplace, an account can be established and used at any Hotspot FXi's network of top-rated clearing banks and prime brokers. About Hotspot FX, Inc. Hotspot FX, Inc., which marked its fifth anniversary in 2005, operates leading spot FX marketplaces for institutional and retail market participants respectively. Both marketplaces provide anonymous, instantaneous, direct-access trading on live, executable, streaming prices supplied by leading foreign exchange banks and financial institutions. Trades executed on Hotspot FX, the company's retail platform, are cleared through its regulated FCM brokerage. Trades executed on Hotspot FXi, Hotspot FX's institutional marketplace, are cleared through a network of top-rated clearing banks and prime brokers. Hotspot FXi participating financial institutions include AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group Financial Products, ABN-Amro, ANZ ANZ Australia and New Zealand ANZ Australia and New Zealand Banking Group Limited ANZ Air New Zealand (NZ national airline) , Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Barclays, Bear Stearns, BNP Paribas, Dresdner Kleinwort Wasserstein, Fimat, HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) , HvB, JP Morgan Chase, Royal Bank of Scotland
The Royal Bank of Scotland Plc (Scottish Gaelic: Banca Rìoghail na h-Alba , Societe Generale, West LB, UBS and other leading banks. Hotspot FXi was the top-rated Multibank Platform in the 2005 Euromoney Foreign Exchange Survey in the key Speed of Execution and STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;. categories. In addition, Hotspot FXi was voted Best in Automated Streaming Prices in the 2005 Euromoney Internet Technology Awards. Hotspot FX provides connectivity to trade and order management systems, market data vendors and other platforms via its LiveLink(sm) proprietary API, which supports the firm's FIX gateway as well as other connectivity protocols. Hotspot FX's live foreign exchange marketplaces are available, or will soon be available, via leading trading and order management systems. Hotspot FX is headquartered in Watchung, New Jersey Watchung is a Borough in Somerset County, New Jersey, United States. As of the United States 2000 Census, the borough population was 5,613. Watchung was incorporated as a borough by an Act of the New Jersey Legislature on March 23, 1926, from portions of North Plainfield , a suburb of New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , with offices in Boston, Chicago, Singapore, Beijing, and London. Hotspot FX is a registered service mark and LiveLink is a service mark of Hotspot FX, Inc. About eSignal: The eSignal division (www.esignal.com) of Interactive Data Corporation (NYSE: IDC) (www.interactivedata.com) is a leading global provider of financial and business information to professional and active individual investors. Building on a 20-year legacy of delivering time-sensitive financial information, eSignal provides streaming, real-time market data, news and analytics. eSignal's suite of products includes eSignal(R), Advanced GET(TM), QuoTrek(R), FutureSource(R) and MarketCenter LIVE(TM). |
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