Bats Hotspot prepares outright FX forwards launch

bill-goodbody-new-web — Bill Goodbody: "Logical next step for Hotspot to take on behalf of customers beyond the spot market"

- By Laura Matthews
- 14 Jun 2016

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Bats Hotspot plans to offer global trading of outright deliverable forwards contracts in the autumn, taking parent company Bats Global Markets a step nearer to its goal of providing non-spot foreign exchange instruments to its clients.

The exchange operator tells FX Week it sees a customer need for a widely accessible forwards order book. "It's a logical next step for Hotspot to take on behalf of customers beyond the spot market," says Bill Goodbody, senior vice-president and head of FX at Bats

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