HotspotFX in white-label talks for retail offer

Michael Williams, senior managing director at the company in New Jersey, said the platform can be white-labeled or used as an access point to trade foreign exchange on incumbent systems at banks. Alternatively, banks can introduce clients to HostpotFX or set up an omnibus structure.

HotspotFXr was initially launched in 2002 in the US but gained regulatory approval by the UK Financial Services Authority in October 2007. Williams said the re-prioritisation of HotspotFXr is in response to the

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