Hotspot's London push may spark price war

Bats paid customers to attract equities market share

chris-concannon-bats
Chris Concannon, Bats

Foreign exchange platform Hotspot could start a price war among London-based trading venues as it gears up for an "aggressive push" in the city, following its acquisition by Bats Global Markets, which at one point paid customers to trade on its exchange to attract market share.

The platform announced plans to set up a new matching engine in London as it expands into Europe with ambitions to challenge incumbent primary venues. The move could intensify the focus on fees charged by trading venues

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: