Cboe Global Markets, Inc. · CBOE:CBOE
Cboe Global Markets — Hotspot FX — Corporate Update (June 2015)
12 slides from Cboe Global Markets's corporate update, Jun 24, 2015
Slide 1: Customer Call – June 24, 2015
Customer Call – June 24, 2015 Preparing for the London Matching Engine Launch & U.S. Matching Engine Migration to the NY5 Data Center
Slide 2: Hotspot Update: Agenda and Speakers
Hotspot Update • Agenda – Hotspot Data Center Overview – London Matching Engine Launch – Roadmap and Planning – U.S. Matching Engine Migration to NY5 – Roadmap and Planning – Business Update – Q&A session for Customers • Speakers – Chris Isaacson, EVP, Global Chief Information Officer – Paul Reidy,
Slide 3: Hotspot Data Centers: Expansion & Synergies
Hotspot Data Centers: Expansion & Synergies • Expanding European presence with new London-based matching engine at Equinix LD4 data center – Will reside alongside the BATS European equity order books – All currency pairs and metals will be available – Target launch date: September 14, 2015 • Moving
Slide 4: London Matching Engine: Launch Roadmap
London Matching Engine: Launch Roadmap Target Date (2015) Milestone June 15 Connectivity Manual Published July 1 Connections accepted at LD4 data center August 3 Cert/UAT available for customer testing (all pairs) August 3 Production available for customer testing (synthetic pairs) August 22 Test we
Slide 5: London Matching Engine: Connectivity & Testing
London Matching Engine: Connectivity & Testing • Certification – All Customers are required to certify to one of the Hotspot Trading Protocols within the London Cert/UAT environment prior to trading on the new production London matching engine • Connectivity – Participants choose and arrange for con
Slide 6: U.S. Matching Engine Migration to NY5: Roadmap
U.S. Matching Engine Migration to NY5: Roadmap Target Date (2015) Milestone June 15 Connectivity Manual Published August 15 Connections accepted at NY4 and NY5 data centers August 24 Cert/UAT available for customer testing (all pairs) September 29 Production available for customer testing (synthetic
Slide 7: NY5 Migration: Connectivity & Testing
NY5 Migration: Connectivity & Testing • Certification – All Customers are required to certify to one of the Hotspot Trading Protocols within the NY5 Cert/UAT environment prior to trading on the new production NY5 matching engine • Connectivity – Participants choose and arrange for connectivity to an
Slide 8: Additional Information & Contacts
Additional Information & Contacts • Information Portals: • www.hotspotfx.com/london • www.hotspotfx.com/ny5 – Will include all materials related to the launches including technical documentation, account documentation and notices • Key Contacts: CONNECTIVITY INQUIRIES SALES INQUIRIES prodsupport@hot
Slide 9: Business Update – Market Share & Growth
Business Update – Market Share & Growth • Hotspot posted average daily volume of $26.8 billion in May, up from $25.9 billion one year ago1 • Total volume traded on Hotspot in May was $561.9 billion (21 days) 1 • Year-to-date ADV stands at $29.5B2, and in Q1 Hotspot surpassed $30B for a record third
Slide 10: Business Update – Market Maker Standards
Business Update – Market Maker Standards • We are constantly striving to ensure our customers experience the highest level of fulfillment and market quality on Hotspot • Our new market maker standards with regard to Non-Firm Liquidity, effective July 5th, will further enhance the integrity and trans
Slide 11: Business Update – Pricing Initiatives
Business Update – Pricing Initiatives • Pricing initiatives designed to drive deep liquidity and bring long overdue price competition to the global FX market – Free Gold Promotion • Hotspot is continuing to offer free trading for spot gold and silver pairs through at least the end of the year – “Hot
Slide 12: Summary
Summary • Launching London-based matching engine at Equinix LD4 data center on September 14th • Migrating current U.S. matching engine to the Equinix NY5 data center on November 9th • Customers are required to certify to one of the Hotspot Trading Protocols within the Cert/UAT environments (for LD4