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FXCM Acquires Certain Assets of Hotspot FXr’s Retail Forex Business

From dailyfx.com

New York―January 30, 2009―Forex Capital Markets LLC (www.fxcm.com) today announced it has reached an agreement to acquire certain assets of the U.S. retail forex business of Hotspot FXr LLC to further expand the deep liquidity offered via its Active Trader platform. Hotspot FXr’s affiliate, Hotspot FXi LLC will continue to offer its platform for institutional FX trading. “Hotspot FXr is a major innovator in the field of fair and transparent pricing. While the retail clients of Hotspot FXr will be moving to a new platform, they will continue to receive pricing which is free of influences from the dealing desk,” said ... (full story)

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