Hotspot set to charge for connectivity from July 1

London matching engine half the price of New York as venue seeks to build European presence

Switched on: in London it's half the price of what customers pay to connect to the New York matching engine

Hotspot is set to introduce connectivity costs for the first time, saying its charges are slightly below those of other venues, but it will leave its trading fee structure and schedule of rebates unchanged.

The platform is offering links to New York and London at different price points, in a bid to boost volumes going through its London matching engine in LD4, which launched in September 2015 amid a flurry of similar moves by rivals. Connections in London will be offered at half the price of

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