KCG Launches HotSpot QT

KCG was formed from the acquisition of Knight Capital by Getco, headquartered in Manhattan.

Ten primary currency pairs are available to trade on the venue, which is designed for large FX orders.

"HotSpot QT is yet another offering from HotSpot that solves specific challenges for our clients, in this case meeting the needs of institutions that trade larger orders and are sensitive to market impact," said William Goodbody, global head of sales for KCG HotSpot. "Volume on HotSpot QT is growing, and we look to onboard more clients in the coming months as more institutions recognize HotSpot QT's superior dark-trading experience."

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