Why Spotex

Spotex ECN is dedicated to providing exceptional service to our clients in the FX Markets. Each service gives our clients an edge over their competition. As a client you can rely on Spotex for the following –

Trading

  • Clients access the exchange directly using their prime brokers credit
  • Spotex does not participate in any trade directly or indirectly (no dealing desk)
  • Access the ECN directly via GUI, Java API, Web or FIX interface's
  • Trade in deal currency or counter currency with exact amounts
  • Colocation option with Spotex at the Equinix facility

Trade Execution

  • Sub-Millisecond internal execution time and ultra low latency
  • Live executable prices ie. No Last Look or RFQ
  • Real-time STP (Straight Through Processing) and risk management
  • Automatic price improvement when possible
  • Ability to submit bids and offers

Market Data

  • Consolidated, executable full market depth or top of book
  • High frequency dispatch
  • Realtime incremental market data feed

Liquidity

  • Execution across multiple counter parties provides tighter spreads
  • Aggregated prices from multiple anonymous banks and market makers

Brokerage

  • Transparent cost of execution all the way to prime broker
  • Highly competitive and flexible brokerage options
  • Daily volume traded discounts
  • No hidden fees

Post Trade

  • Integrated back office with streamlined client settlements
  • Historic trade queries
  • Auto split options for splitting cross positions
  • Real time asset allocation based on pre defined allocations
  • Give ups between prime brokers

Technology

  • Scales horizontally and vertically to accommodate intense volume spikes
  • Process automation keeps our operating costs down
  • Increased accuracy and reduced risk
  • Stream lined operations, faster customer service
  • Agile practices help us respond fast to market demands