Hotspot FX registers as Futures Commission Merchant

Hotspot FX registers as Futures Commission Merchant

Online foreign exchange trading platform Hotspot FX has registered with the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and has become a member of the National Futures Association.

David Ogg, CEO of Hotspot FX, comments: "Our designation as an FCM indicates our commitment to upholding the highest of financial business standards and practices."

In a separate announcement, Hotspot FX has added three new currency pairs to its ECN: Euro/Swiss Franc, Euro/British Pound and Euro/Japanese Yen. These new currency pairs join other pairs: Euro/US Dollar (USD), British Pound/USD, USD/Japanese Yen, Swiss Franc/USD, Australian Dollar/USD and Canadian Dollar/USD.

Ogg adds: "With the launch of these new currencies, we expect to see continued, rapid growth in trading volumes and client participation over the coming months."

Comments: (0)