Award Winning Streak Continues For FXSpotStream
FXSpotStream was honored as the “Best Liquidity Solution” in the 2020 World Finance Forex Awards. Since 2007, World Finance has been celebrating achievement, innovation and brilliance in their annual awards.
The judging panel expressed a particular interest in how FXSpotStream faced the restrictions produced by COVID-19, highlighting the company’s tendency to overprepare. In the submission, CEO Alan Schwarz commented, “No business was ‘prepared’ for the effects of a global pandemic. The shockwaves of COVID-19 are still evident and will be felt for months, even years to come. Coming into this period we were in the process of updating and upgrading our systems. This resulted in a surplus of capacity that, combined with a dedicated support team and regular maintenance, meant we were able to traverse record volumes and strong volatility with zero interruptions to the Service.”
Furthermore, FXSpotStream has been voted Best Margin FX ECN/Multi bank platform in the J-Money Survey for the 4th consecutive year. J-Money is a leading industry magazine for financial professionals in Japan. Founded in 1986, J-Money has published articles and editorial articles covering market trends such as foreign exchange, bonds and stocks, as well as developments in pension and fund management.
These awards add to what has already been a successful year for FXSpotStream. In July the company was voted as the ‘Best Trading Solution for Foreign Exchange Markets’ and ‘Best Exchange or Trading Venue Technology Suite’ in the Trading Tech Insights USA Awards 2020.
In August, International Business Magazine voted FXSpotStream as ‘Best Professional e-Trading Platform’ and ‘Best Trading Solution for Foreign Exchange Markets’. International Business Magazine Awards was established with the prime objective of admiring the best in class achievements pertaining to budding industrial talent, global leaders and Corporates across varied spheres related with the International Business and Finance arena.
More Posts from FXSpotStream®
February Volumes: All-Time ADV Record High
In February 2022, FXSpotStream registered a new high in terms of supported volume with an ADV of USD63.135bn. This represented a 19.15% increase MoM (compared to Jan ’22) and a 27.3% increase YoY (vs Feb ’21). The previous ADV high was in March 2020 as volatility around the Covid-19 pandemic reached its peak. Furthermore, February…
2021: A Year In Review
In 2021, FXSpotStream registered an ADV of USD48.397billion, an increase of 13.48% YoY vs. 2020 as we continue to gain market share. FXSpotStream reported positive YoY growth each month in 2021, with the exception of one. This growth was driven by positive YoY growth in all products, notably a 26.94% increase in Swaps ADV and…
FXSpotStream has been voted Best Margin FX ECN/Multi bank platform in the J-Money Survey for the 5th consecutive year. J-Money is a leading industry magazine for financial professionals in Japan. Founded in 1986, J-Money has published articles and editorial articles covering market trends such as foreign exchange, bonds and stocks, as well as developments in…
New Microsecond Low-Latency Architecture Announced
October 6, 2021 – JERSEY CITY, NJ – FXSpotStream (FSS) announces the deployment of a new low-latency architecture. The new architecture, which will be deployed globally, will deliver substantial improvements to the Service’s market data processing times. The project is already underway in the New York site and will involve a full overhaul of the…
The Full FX Unfiltered with FXSpotStream
Colin Lambert talks with Alan Schwarz, CEO, and Tom San Pietro, CTO, of FXSpotStream about the platform’s recent addition of algos. The three discuss the thinking behind the launch; the challenges of delivering multiple algos, from multiple providers, via an API; and the opportunity set for FXSpotStream and its clients on the buy and sell…
e-Forex Interview: A remarkable growth story
Read the Cover Interview with FXSpotStream’s Co-founder & CEO, Alan F. Schwarz who talks about the company’s recent announcement to support FX Algos and Allocations. Click here to read the full interview here.
June 23, 2021 – JERSEY CITY, NJ – FXSpotStream (FSS) has added functionality to support FX Algos and Allocations over its API and expects to have its first clients live in early Q3. FSS clients will have access to over 70 different Algos and 200+ parameters offered by the FSS Liquidity Providers (LPs). FX…
FXSpotStream Passes USD50Trillion
FXSpotStream has crossed the USD50 Trillion mark in volume supported over the Service since going live. Volumes over FSS have grown every year since FSS first launched, and in 2020 FXSpotStream registered as the fastest growing eFX service for the third consecutive year. Not only is this is a great milestone, but it also demonstrates…
FXSpotStream is proud to announce it was honored as the ‘Best FX Trading Platform’ in the 2021 Markets Choice Awards from Markets Media. It was the combination of FXSpotStream’s ‘no cost to taker’ model, combined with a strong focus on client service, that saw FXSpotStream emerge victorious. In 2020, FXSpotStream registered as the fastest growing…
FXSpotStream post second-highest ADV on record
In March 2021, FXSpotStream posted an ADV of USD54.674billion, an increase of 10.24% MoM vs February. March’s second highest ADV on record comes on the heels of the second highest ADV previously recorded last month, and trails only March 2020 when the FX market saw extreme volatility due to the Covid-19 outbreak. March ’21 also…