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FOREIGN EXCHANGE

Hotspot signs up for NetLink

Traiana has announced that it will make its NetLink service available for users of Hotspot FX. It will allow prime brokers to net trades their clients have made on the platform at pre-defined points throughout the day. NetLink, which was launched in January, already provides a similar service on EBS. In a press release, Gil Mandelzis, Traiana’s chief executive said: “NetLink helps FX-trading prime brokers net their customer trades efficiently and effectively, perpetuating the growth of liquidity. Efficiencies supported by enhanced straight-through processing remove the need for manual intervention, freeing up prime broker back-office capability.”

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