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 growth. March was an all-time record for us with ADV hitting a record of USD62.4 billion and our overall volume reaching an all-time high of USD1.372 trillion. At the same time, since adding NDFs to our Service in 2017, we have seen tremendous growth in our Forwards and NDF volumes. Why is this a focus for us? Though the Forwards and NDFs volume is smaller compared with our spot volumes, it broadens our outreach in terms of who we can do business with.
Clients like the efficiencies we provide in connecting to one API and trading with up to 15 global FX banks. Similarly, the ability to trade all the FX and PM products they need down one channel helps them save time and money.
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During August FXSpotStream’s ADV reached USD43.247 billion, the highest ADV ever on record for the Service and the third ADV record in 2019 (prior ADV high in June was USD42.258 billion). FXSpotStream’s ADV MoM (Aug ’19 vs Jul ’19) increased 19.23%. August’s ADV record of USD43.247 billion represents a YoY (Aug ’19 vs Aug ’18) increase of 52.46%. In…
During June FXSpotStream®’s ADV reached USD42.258 billion, the highest ADV ever on record for the Service and the second ADV record in 2019 (prior ADV high in January was USD38,367 billion). On June 20th FXSpotStream® recorded a new daily volume high of USD52.537 billion. In addition to an ADV record, in June – and despite…
FXSpotStream® has won the TradingTech Insight North America 2019 Awards for Best Exchange/Venue Market Access Gateway
May 2019 – eForex speaks with Antony Brocksom about shattering multiple records and a strong start to 2019. Click on the link below to read the full article – https://e-forex.net/news/may-2019-fxspotstream-shatters-multiple-records-19.html
FXSpotStream® has been shortlisted by FXWeek for Best eFX Trading Venue of the Year in the 2019 FXWeek Awards!