Cboe Global Markets, Inc. · CBOE:CBOE
Cboe Global Markets — Hotspot FX — Corporate Update (August 2015)
12 slides from Cboe Global Markets's corporate update, Aug 20, 2015
Slide 1: Customer Call – August 20, 2015
Customer Call – August 20, 2015 Preparation for the London Matching Engine Launch & U.S. Matching Engine Migration to the NY5 Data Center
Slide 2: Hotspot Update: Today's Speakers
Hotspot Update • Today’s Speakers – Chris Isaacson, EVP, Global Chief Information Officer – Paul Reidy, Head of FX Technology – Bill Goodbody, SVP, Head of FX 2
Slide 3: Hotspot Update: Today's Agenda
Hotspot Update • Today’s Agenda – London Matching Engine Launch Timeline – London Matching Engine Connectivity – U.S. Matching Engine Migration to NY5 – Roadmap and Planning – Business Update – Q&A session for Customers 3
Slide 4: London Matching Engine: Launch Timeline
London Matching Engine: Launch Timeline • First Weekend Test Opportunity – This Saturday, August 22nd – Test Hours: 12:00 noon – 4:00 p.m. BST / 7:00 a.m. – 11:00 a.m. ET – All currency pairs will be available for testing in the Production environment – Second/final weekend test opportunity will be
Slide 5: London Matching Engine: Connectivity & Certification
London Matching Engine: Connectivity & Certification • Connectivity – Participants choose and arrange for connectivity to and within data center – It is not possible to access Hotspot using existing connectivity into the BATS equities markets CONNECTIVITY INQUIRIES SALES INQUIRIES prodsupport@hotspo
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 14 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 • Connectivity – Participants choose and arrange for connectivity to and within data center – It is not possible to access Hotspot using existing connectivity into the BATS equities markets – Like BATS equities markets in NY5, all connections will be latency-equ
Slide 8: Additional Information & Contacts
Additional Information & Contacts • Information Portals: • London Launch: www.hotspotfx.com/london • NY5 Migration: www.hotspotfx.com/ny5 – Will include all materials related to the launches including technical documentation, account documentation and notices • Key Contacts: CONNECTIVITY INQUIRIES S
Slide 9: Business Update – Free Trading on Hotspot London
Business Update – Free Trading on Hotspot London • Hotspot will be offering free trading for all transactions on the London matching engine until the end of the year • Our goal is to build a market with deep, consistent and stable liquidity • Europe, as the leading global FX center, is a top priorit
Slide 10: Business Update – Additional Pricing Initiatives
Business Update – Additional 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
Slide 11: 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 12: Summary
Summary • We remain on schedule to launch the London matching engine at Equinix LD4 data center on September 14th • The first weekend testing opportunity for the London matching engine is this Saturday, August 22nd • We will be offering free trading in London through the remainder of 2015 • Migratin