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 a 102% increase in ADV for NDFs.
In 2021, FXSpotStream also achieved several other volume related milestones. Overall Volume for the year 2021 crossed the USD12trillion mark for the first time in the company’s history. FXSpotStream crossed the USD1trillion mark in terms of monthly Overall Volume in seven months in 2021, compared to only once in prior years. March 2021 registered as the second highest ADV on record for FSS, with November 2021 as the third.
CEO and co-founder, Alan Schwarz said, “2021 was a tremendous year for the company as we also celebrated our ten-year anniversary. During these still challenging times with the global pandemic, our accomplishments would not have been possible without the support of our loyal clients and LPs as well as a dedicated global team at FXSpotStream.
While we always reflect on our past success, our focus continues to be on the future. We are always looking for ways to improve the Service. Last year we added support for Algos and Allocations, as well as announcing major upgrades to our infrastructure with the upcoming deployment of our low-latency architecture. We are tremendously excited for the many initiatives we are progressing this year and the enhanced services we are delivering to our LPs and clients. We expect another successful year for FXSpotStream in 2022 with growth in all aspects of the business.”
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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,…
FXSpotStream are adding a valuable piece to their analytics catalog with the recent improvements to their Decay Analysis Report. Available to clients using the price-streaming Service, the report provides valuable, near real-time data to aid decision making. In recent years the FX market has seen a seismic shift, from primarily manual and subjective decision-making processes,…
For FXSpotStream, the value proposition is a unique and compelling one. There is no haggling on price as the Service is free to clients. There are no volume discounts, no introductory rates – there is no cost at all to takers. When speaking with FXSpotStream, it is not about the dollars and cents, and all…
July 28, 2020 – JERSEY CITY, NJ – In May 2020, FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, announced Societe Generale as the 15th liquidity providing bank to join its Service. Today FXSpotStream is pleased to announce that Societe Generale has now gone live and is trading with clients via its price streaming…
e-Forex spoke with Alan F. Schwarz, FXSpotStream’s CEO, to hear about how the fully disclosed supported model continues to perform so well. The increase in non-spot trading on FXSpotStream is a real growth story for you. Why is that and where is the interest focused? Actually, all of our supported products continue to show robust…
July 23, 2020 – JERSEY CITY, NJ – In Q1 2020, FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, announced Barclays as the 14th liquidity providing bank to join their Service. Today FXSpotStream is pleased to announce that Barclays’ liquidity is now available to clients in production via the FXSpotStream Service. Barclays joins the existing…
Alan Schwarz, co-founder, CEO & Board Member at LiquidityMatch & FXSpotStream tells Best Execution how firms can find consistent, reliable access to FX liquidity, even in the Covid-19 trading environment. Read the full article here.
In the world of FX trading, seconds can make a huge difference. FXSpotStream have taken another step in refining their trading experience for both clients and LP’s with the appointment of Richard Kaltenbach as General Counsel. FXSpotStream CEO, Alan Schwarz commented, “Having an internal counsel will allow us to expedite legal reviews, providing a faster,…
FX SpotStream has been shortlisted for an award in the ‘Most Disruptive Technology Solution’ category of HFM’s European Technology Awards. The nomination comes after record-breaking months in terms of volume for the company. The HFM European Technology Awards 2020 give recognition to IT, software vendors and service providers in the hedge fund industry that have…
With the current climate and health risks involved, award ceremonies have changed beyond recognition. The work involved in winning such an award, however, has seen no change. FXSpotStream CEO, Alan Schwarz, stood proudly alongside the Hudson River holding the two awards won by the company in the 2020 TradingTech Insight Awards USA. FXSpotStream was victorious…