Best professional e-trading venue: KCG Hotspot

Award winner says ECNs must adapt in harsh environment

William Goodbody at Hotspot FX
Bill Goodbody, director/business manager, Hotspot FX

Institutional trading platforms have generally had a challenging couple of years as deep, structural shifts have transformed trading, increased internalisation and spurred new initiatives in response to more market entrants.

This year's winner of the 'Best professional e-trading venue' category is Hotspot, which has demonstrated growth in both volume and market share during a period when many trading venues continued to fight declines.

"With cost pressures increasing on both the sell side and

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