eSIGNAL AND HOTSPOT FX UNVEIL SPOT FX DATA

eSIGNAL AND HOTSPOT FX UNVEIL SPOT FX DATA

Joint Effort Provides Real-Time Access to Spot Foreign Exchange Data


HAYWARD, Calif. – June 21, 2005 -- eSignal, a division of Interactive Data Corporation (NYSE: IDC) and a leading provider of streaming, real-time financial market data, news, analytics and decision support tools to professional and individual traders, together with Hotspot FX, Inc, operator of premier institutional and retail foreign exchange trading marketplaces and provider of anonymous, real-time trading on live, streaming, multibank prices, today announced the availability of Hotspot FX’s foreign exchange data via eSignal’s market data and news platforms.

“Hotspot FX is known for its robust, executable, multibank data, which makes it a valuable enhancement to our services,” said Robin Verderosa, Senior Director, Product Management of eSignal.

R. Keith Lite, Director of Business Development, Hotspot FX Inc., had this to say, “By adding Hotspot FX’s real-time market data, eSignal customers can monitor foreign exchange trading and related risk management strategies from a single tool. Together with Hotspot FX, eSignal provides 24-hour access to the highly liquid FX market.

Hotspot FX’s participating banks are among the top-rated global financial institutions and are fully integrated into the Hotspot FX marketplace, providing ongoing liquidity and a virtual clearinghouse network. In terms of trading volume, daily forex turnover exceeds $1.9 trillion (source: Bank for International Settlements, September, 2004) making the forex market the world's largest market, dwarfing both the U.S. bond and equity markets.


Availability:
eSignal products are available for purchase online or by calling 800-833-1228. Visit eSignal’s website (www.esignal.com) for a complete list of features and pricing options.

To trade on Hotspot FX, the firm’s retail marketplace, individuals and smaller professional traders or broker/dealers and FCM’s representing retail traders can establish omnibus or direct accounts with Hotspot FX’s fully regulated Futures Commission Merchant (FCM). To trade on Hotspot FXi, Hotspot FX’s institutional marketplace, an account can be established and used at any Hotspot FXi’s network of top-rated clearing banks and prime brokers.

About Hotspot FX, Inc.

Hotspot FX, Inc., which marked its fifth anniversary in 2005, operates leading spot FX marketplaces for institutional and retail market participants respectively. Both marketplaces provide anonymous, instantaneous, direct-access trading on live, executable, streaming prices supplied by leading foreign exchange banks and financial institutions. Trades executed on Hotspot FX, the company’s retail platform, are cleared through its regulated FCM brokerage. Trades executed on Hotspot FXi, Hotspot FX’s institutional marketplace, are cleared through a network of top-rated clearing banks and prime brokers. Hotspot FXi participating financial institutions include AIG Financial Products, ABN-Amro, ANZ, Bank of America, Barclays, Bear Stearns, BNP Paribas, Dresdner Kleinwort Wasserstein, Fimat, HSBC, HvB, JP Morgan Chase, Royal Bank of Scotland, Societe Generale, West LB, UBS and other leading banks.

Hotspot FXi was the top-rated Multibank Platform in the 2005 Euromoney Foreign Exchange Survey in the key Speed of Execution and STP categories. In addition, Hotspot FXi was voted Best in Automated Streaming Prices in the 2005 Euromoney Internet Technology Awards.

Hotspot FX provides connectivity to trade and order management systems, market data vendors and other platforms via its LiveLinksm proprietary API, which supports the firm’s FIX gateway as well as other connectivity protocols. Hotspot FX’s live foreign exchange marketplaces are available, or will soon be available, via leading trading and order management systems.

Hotspot FX is headquartered in Watchung, New Jersey, a suburb of New York City, with offices in Boston, Chicago, Singapore, Beijing, and London.

Hotspot FX is a registered service mark and LiveLink is a service mark of Hotspot FX, Inc.

About eSignal:

The eSignal division (www.esignal.com) of Interactive Data Corporation (NYSE: IDC) (www.interactivedata.com) is a leading global provider of financial and business information to professional and active individual investors. Building on a 20-year legacy of delivering time-sensitive financial information, eSignal provides streaming, real-time market data, news and analytics. eSignal's suite of products includes eSignal®, Advanced GET™, QuoTrek®, FutureSource® and MarketCenter LIVE™.

Raphel Finelli
eSignal
(510) 723-3501
rfinelli@mail.esignal.com

Peter Burton
Hotspot FX
(908) 322-2914
pburton@hotspotfx.com

 

How much, can't find a price.

 

how much it costs.

 

IQfeed.net charges $50/month for hotspot fx,
don't expect Esignal to be cheaper

And if you are not trading exotic pairs or spot fx,
what's the need for hotspot, when you can follow
the quotes on CME globex, why pay extra $50?