FXSpotStream Claims Double At FX-Markets Asia Awards
FXSpotStream was honored as the “Best G10 Trading Platform” and “Best EM Trading Platform” at the FX-Markets Asia Awards.
The judging panel was keen to emphasize the customer focused approach of FXSpotStream, along with the ease of connectivity, strong distribution and innovation. The awards complement what has been an impressive year of growth in terms of volume across all three locations, with an increase of 44% in terms of volume supported in Tokyo over the Service (Jan-Oct) vs the same period last year.
Alan Schwarz, Co-founder and CEO at FXSpotStream described the awards as, “A great honor. The recognition we have received this year is a testament to the hard work being done by the team, our loyal clients, vendor partners and our LPs. Thank you all for your continued support.”
FXSpotStream is a bank owned consortium operating as a market utility, providing the infrastructure that facilitates a multibank API and GUI to route trades from clients to Liquidity Providers. Clients can access streaming of pricing from 15 liquidity providing banks from co-location sites in New York, London and Tokyo with no brokerage, data or hosting fees. FSS provides a multibank FX and Precious Metals price streaming Service, supporting trading in FX Spot, Swaps, Forwards, NDF/NDS and Precious Metals Spot and Swaps.
Jun Ikenobe, Deputy Senior Manager, LINE Securities, said: “The process for any FX related business begins with onboarding. FXSpotStream provided us with great support and connections to multiple liquidity providers, all at no cost. They were the ideal solution for our business.”
“We use FXSpotStream for a large proportion of our hedging transactions. In this regard, FXSpotStream excels, and we have built a strong relationship between the two of us as a result.”
More Posts from FXSpotStream®
Deutsche Bank Now Live as Newest Liquidity Provider on the Service
NOVEMBER 18, 2024 – JERSEY CITY, NJ – Deutsche Bank is now live and trading with clients via FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, extending the bank’s FX wholesale liquidity. Deutsche Bank (DB) becomes the 18th liquidity provider available on FXSpotStream’s Service, joining ANZ, Bank of America, Barclays, BNP Paribas, Citi, Commerzbank,…
OCTOBER 08, 2024 – JERSEY CITY, NJ – ANZ has become the first Australian bank to join FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, extending the bank’s FX wholesale liquidity. As the 17th liquidity provider on FXSpotStream’s Service, ANZ joins Bank of America, Barclays, BNP Paribas, Citi, Commerzbank, Goldman Sachs, HSBC, J.P.Morgan, Morgan…
New ADV Record Crosses USD100 billion
September saw FXSpotStream set a new record in terms of Overall ADV, crossing the USD100billion mark for the first time in the company’s history. September’s Overall ADV of USD101.925billion is the sixth Overall ADV record set this year and marks a 5.3% increase over the previous record set last month. While Spot ADV saw a…
FXSpotStream Passes USD100Trillion
In May of 2021, FXSpotStream celebrated crossing the USD50trillion mark in terms of overall volume supported since going live. While that first USD50trillion took 10 years to achieve, the second took only 3, coming in June of 2024. 2024 has proved to be a record breaking year so far for FSS – with 4 new…
LiquidityMatch LLC, the parent company of FXSpotStream LLC, has appointed John Ashworth as Independent Chair of its Board of Directors. John currently serves as CEO of Caplin Systems, a software firm that provides trading systems to the financial industry and has a background of over 30 years in technology. Starting his career at IBM, John…
CEO, Jeff Ward On His New Role
Jeff Ward, FXSpotStream, CEO, speaks on his new role, his plans for 2024 and two record ADV months in Q1.
2024 Starts with a Record ADV
January’s Total ADV was an ADV Record High for FXSpotStream at USD73.645billion, with Spot ADV of USD54.737billion and Other ADV of USD18.902billion. Details of our January total volumes can be found below: FXSpotStream’s Total ADV MoM (Jan’24 vs Dec’23) increased 13.64% FXSpotStream’s Total ADV YoY (Jan’24 vs Jan’23) increased 21.59% FXSpotStream’s Spot ADV MoM (Jan’24…
JANUARY 15, 2024 – JERSEY CITY, NJ – FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, is dedicated to providing a diverse liquidity pool for its clients. Last year, following changes to our LP pricing model, we announced that NatWest had joined the Service. Following on from this, we are pleased to announce that…
OCTOBER 31, 2023 – JERSEY CITY, NJ – FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, is pleased to announce that NatWest has joined the Service as a liquidity providing bank. NatWest is now available and becomes the 16th bank available to clients connected to FXSpotStream’s price streaming service, joining Bank of America, Barclays,…
FXSpotStream joins the FairXchange Ecosystem
In the complex Foreign Exchange (“FX”) ecosystem, the convergence of real-time streaming and advanced analytics stands to reshape the industry. Leading the pack, FXSpotStream, the global leader in FX electronic liquidity distribution, has integrated Horizon, FairXchange’s award-winning data analytics platform, enhancing real-time analytics for more precise trading execution and analysis. FairXchange will provide its Horizon…