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 platform, powered by FXSpotStream’s unique execution data. This will help the Liquidity Management team at FXSpotstream manage relationships with both Price Takers and Liquidity Providing Banks. FXSpotStream clients will get unparalleled insights into their execution, helping them optimise their trading and strengthen their relationships with their liquidity providers.
“FXSpotStream is one of the undisputed leaders in the provision of aggregation services, a unique technology provider that delivers crucial efficiencies to the FX trading community. We are delighted to be working with them to deliver our award-winning Horizon platform, bringing together FXSpotStream’s trading services with our market-leading, independent analytics,” says Guy Hopkins, CEO and founder of FairXchange.
“We are always looking for ways to enhance our current MIS offering for clients and LPs. Using FairXchange’s Horizon platform along with our FX|Insights analytics tool, will allow clients to make informed decisions regarding their liquidity. They have developed a tremendous product and we are very excited to see how clients can make use of it, alongside the current FXSpotStream offering,” FXSpotStream Head of Sales, Antony Brocksom commented.
FXSpotStream is a bank owned consortium founded in 2011 and provides fully disclosed, multibank, relationship-based trading services for FX and precious metals instruments. The service supports ESP and RFS trading protocols along with access to liquidity provider algo suites. Banks connected to FXSpotStream serve as Liquidity Providers to clients.
FairXchange, part of United Fintech, is a data science firm specialising in Foreign Exchange markets. Our guiding principle is that trading FX should be commercially sustainable for all participants – both buy-side and sell-side alike.