4th Story, a provider of automated and algorithmic trading software to institutions, hedge funds and broker-dealers, announced on Monday that trading strategists using 4S.Everglades can now connect to Hotspot FXi for spot foreign exchange trading.
"Integration with Hotspot FXi continues our ongoing efforts to give our customers the options and flexibility to create and operate the automated and algorithmic trading strategies that will give them a competitive advantage," says Steven Smith, chief executive officer, 4th Story. "Strategists can target FX itself or add an FX element to models based on other asset classes like equities and futures."
4S.Everglades, 4th Story's strategy trading platform, can directly access live, streaming, executable market data from Hotspot FXi's ECN-structured marketplace. Trading strategies implemented on the 4th Story trading 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.