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Straight Through Processing (STP) - Hotspot FXi
DealHub/Hotspot FX -
The DealHub/Hotspot FX Feed Handler downloads tickets confirming trades executed on Hotspot FXi. Trade data is made available to all Hotspot FXi clients through the
Hotspot FXi's LiveLinksm API as soon as dealers confirm individual trades. DealHub uses this API, enabling all trades to be fed, in real-time, into front and back office systems, via the DealHub/Hotspot FX STP Interface. The server continuously monitors the data from the
Hotspot FXi's LiveLinksm API feed, and then converts this raw data via a logical data model into useful data records suitable for trader and back office applications.
Downstream systems supported include, Global Trader, Wall Street, Summit, IBS, Traiana, Reuters Kondor, Devon FX, and Alphametrics.
All retrieved tickets can be
archived and viewed in real time via DealHub allowing for enhanced
flow management.
Why DealHub/Hotspot FX?
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DealHub/Hotspot FX automates ticket forwarding from Hotspot FXi, eliminating manual intervention.
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Streamlines back office activities leading to reduced failures
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Provides better electronic connectivity among different entities involved in trading
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Reduces operational costs
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Delivers tickets to downstream systems in a standard format (DealHub supports many standard formats)
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DealHub provides a single interface to multiple data feeds
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