KCG HOTSPOT NAMED BEST PROFESSIONAL E-TRADING VENUE BY FX WEEK
JERSEY CITY, N.J. - July 14, 2014 - KCG Holdings, Inc. (NYSE:KCG) today announced that KCG Hotspot received a 2014 e-FX Award for "Best Professional e-Trading Venue" from FX Week.
"KCG Hotspot is honored to be recognized by FX Week as the leading professional electronic FX venue for the third time in four years," said John Miesner, Managing Director and Head of Global Sales at KCG Hotspot. "The award helps validate our efforts to continually find ways to create highly customized liquidity pools for each client. Over the past year we have found one of our biggest areas of growth to be among bank clients who are increasingly utilizing Hotspot for both the liquidity and our attention to service. In a highly competitive industry, the flexibility allowed by our technology ultimately set us apart."
Hotspot finished the second quarter of 2014 with year-to-date average daily volume of $29.2 billion. Daily, monthly and quarterly volumes are available via Hotspot's website, http://www.hotspotfx.com/products/hotspot_volumes.jsp.
The e-FX Awards, determined by a panel of judges, recognize innovation and excellence in electronic foreign exchange among banks, brokers, vendors and the buy side. The award for Best Professional e-Trading Platform, one of 16 individual categories, honors the platform that offers the best venue for counterparties to trade foreign exchange. Each nominee was required to show what new innovations have been introduced and how the platform marks itself out from its competitors, as well as recent figures to prove performance. FX Week will honor award recipients at its annual ceremony in New York July 15. For more information, please visit www.fxweekefxawards.com
KCG is a leading independent securities firm offering investors a range of services designed to address trading needs across asset classes, product types and time zones. The firm combines advanced technology with exceptional client service across market making, agency execution and venues. KCG has multiple access points to trade global equities, fixed income, currencies and commodities via voice or automated execution. www.kcg.com
| Sophie Sohn
| Communications & Marketing
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Source: KCG Holdings, Inc. via Globenewswire