NIWA's Hotspot Watch 30/1/15

January 30, 2015 in Hot Spot Blog News

Weekly update to help media assess likelihood of extremely dry weather preceding a drought. Regions experiencing severely to extremely drier than normal soil conditions are deemed “hotspots”.

FCC warns against Wi-Fi hotspot blocking and hints at further crackdowns

January 28, 2015 in Hot Spot Blog News

After shutting down Marriott’s attempt to block personal Wi-Fi hotspot use, the Federal Communications Commission says it’s looking into more violations elsewhere. In a public notice on its website , the FCC makes clear that businesses are not allowed to willfully or maliciously block Wi-Fi hotspots. The notice also suggests that more fines could be on the way, as Marriott’s original violations …

BATS Global to buy KCG Hotspot

January 28, 2015 in Hot Spot Blog News

KCG Hotspot is KCG Holdings' (NYSE: KCG ) FX trading venue, and BATS Global is buying for $365M in cash and up to another $70M over the next three years based on certain tax benefits.

KCG to sell forex trading platform Hotspot to BATS Global

January 28, 2015 in Hot Spot Blog News

Financial services provider KCG Holdings Inc said it will sell its foreign exchange trading platform, KCG Hotspot, to BATS Global Markets for $365 million in cash. The transaction is expected to increase …

KCG ANNOUNCES SALE OF KCG HOTSPOT TO BATS GLOBAL MARKETS

January 28, 2015 in Hot Spot Blog News

KCG ANNOUNCES SALE OF KCG HOTSPOT TO BATS GLOBAL MARKETS Transaction is expected to increase KCG`s tangible book value by approximately $2.00 per share JERSEY CITY, New Jersey – January 28, 2015 – KCG …

BATS Global Markets Agrees to Acquire the Hotspot FX Market

January 28, 2015 in Hot Spot Blog News

BATS Global Markets today announced a definitive agreement with KCG Holdings to acquire Hotspot FX, a leading institutional spot foreign exchange market, in a cash transacti