BECOME A CLIENT
Credit Suisse Joins FXSpotStream®‘s Price Aggregation Service, Expanding Liquidity Providers to Ten Global Banks
CREDIT SUISSE BECOMES A LIQUIDITY PROVIDER TO FXSPOTSTREAM®’S PRICE AGGREGATION SERVICE, EXPANDING FXSPOTSTREAM®’S LIQUIDITY PROVIDERS TO TEN GLOBAL FX BANK
March 17, 2015, JERSEY CITY, N.J. – FXSpotStream® LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Credit Suisse has agreed to join the Service and provide liquidity to FXSpotStream®’s clients. The addition of Credit Suisse adds to the liquidity available from FXSpotStream®’s existing liquidity providers, which include BofA Merrill Lynch, BNP Paribas, Citi, Commerzbank AG, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley and UBS.
Alan F. Schwarz, CEO, stated: “We are delighted that Credit Suisse is joining FXSpotStream® as the 10th liquidity provider. With the addition of Credit Suisse our mutual clients now have access to liquidity from nine of the top 12 global FX banks. FXSpotStream® continues to address the needs of the FX community as evidenced by our 310% year on year (2014 vs 2013) volume growth and an 83% increase in the number of clients added to the service compared to the same period last year. Our unique business model is leading the industry in offering a low cost, transparent venue while providing a high quality service to our clients and banks. We expect to have Credit Suisse live and available for trading next month. Additional liquidity providers are expected to join the Service later this year.”
“Credit Suisse is continually looking for new ways to service clients and, by joining FXSpotStream®, we are providing them with an additional point of access our FX liquidity’’ said John Estrada, Head of eFX Trading at Credit Suisse.
Steve Aldridge, Head of Macro eSales EMEA added: “For Credit Suisse, the aim is to engage with clients in an efficient and cost-effective manner, allowing us to focus on delivering an exceptional trading experience to clients.’’
“We are very pleased with FXSpotStream®’s growth since its launch over 3 years ago and welcome Credit Suisse to the Service,” stated Richard Anthony, Global Head of FX eRisk at HSBC. We continue to experience strong demand globally from our clients who wish to transact with us in a fully disclosed, bilateral, no commission fee basis. FXSpotStream®’s focus on reducing the costs is beneficial to the industry.”
FXSpotStream® provides a multibank FX aggregation service to clients to execute FX Spot, Forwards and Swaps and Spot Precious Metals trades. Banks connected to FXSpotStream® serve as Liquidity Providers to clients. FXSpotStream® functions as a market utility, providing the infrastructure to facilitate multibank trades from clients to Liquidity Providers. Clients access a GUI or single API from co-location sites in New York, London and Tokyo and have the potential to communicate with all Liquidity Providing banks connected to the FXSpotStream®. FXSpotStream® does not charge brokerage fees to clients or banks.
About Credit Suisse Group AG
Credit Suisse AG is one of the world’s leading financial services providers and is part of the Credit Suisse group of companies (referred to here as ‘Credit Suisse’). As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 45,800 people. The registered shares (CSGN) of Credit Suisse’s parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
Alan F. Schwarz, CEO
tel: +1 201 217 8075
 Euromoney 2014 survey
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…
Click the button and get started.