4th Story, provider of automated and algorithmic trading software to institutions, hedge funds and broker-dealers, says that trading strategists using 4S.Everglades can now connect to Hotspot FXi for spot foreign exchange trading.
4S.Everglades, 4th Story’s trading platform, can directly access live, streaming, executable market data from Hotspot FXi’s ECN-structured marketplace.
Trading strategies implemented on the 4th Story multi-asset, multi currency platform can be configured to include Hotspot FXi among the venues from which they receive live market data and on which they automatically place and execute orders.
“Integration with Hotspot FXi will give our customers a competitive advantage,” says Steven Smith, Chief Executive Officer of 4th Story. “Strategists can target FX itself or add an FX element to models based on other asset classes like equities and futures.”