Hotspot FXi takes Traiana

"Our customers want efficient trading coupled with straight-through processing [STP]," said John Eley, president and chief executive officer of Hotspot FXi in New Jersey. "This deal provides STP for clients whose prime brokers are Traiana customers."

The new interface to Traiana’s Trading Relationship Management (Traiana TRM) and Traiana Harmony software is an application programming interface (API) that eliminates the need to re-key the client’s give-up trades into a prime broker’s dealing s