Bats Hotspot to Launch Outright Deliverable FX Forwards Contracts

[kreslik.news]

Leading exchange operator in the US and Europe, Bats Global Markets (BATS), today had its Bats Hotspot division announce plans to launch global trading of outright deliverable forwards contracts for the Foreign Exchange (FX) market, according to an official announcement.

The new deliverable FX forwards will operate as an anonymous order book and utilize the hotspot matching engine and the news contracts are expected to be available during fall 2016, with further details expected in the summer regarding the planned launch from Bats Hotspot.

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