Hotspot FX Private Label
John MiesnerManaging Director and Head of Sales at Hotspot FX
e-Forex talks with John Miesner, Managing Director and Head of
Sales at Hotspot FX, about the launch of Hotspot FX Private Label.
John, why did Knight Capital decide to launch the Hotspot FX
Private Label business line solution?
The genesis of a private label offering really came from client
demand. We had received numerous inquiries, from existing clients
and prospects, asking us to create a competing product. Active
clients were extremely happy with their experience on Hotspot and
prospective clients were interested in accessing our robust
technology. Initially we resisted, however the demand was strong
enough that we had no choice but to look at the opportunity. Not
only did we feel we could provide a better technology solution,
we also felt that we could compete and win on commercial terms.
We now have an end-to-end, out-of-the box solution for those
clients and prospects that are looking to take advantage of the
Hotspot FX software and liquidity.
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