General Information
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
FXSpotStream® provides a multibank FX and Precious Metals streaming Service supporting trading in FX Spot, Forwards, Swaps, NDF/NDS and Precious Metals Spot and Swaps.
Launched in December 2011, FXSpotStream® eliminates the costs of execution for price takers and offers banks and clients the ability to interact bilaterally and in a fully transparent manner.
Clients can access a GUI or single API from co-location sites in New York, London and Tokyo and have the ability to interact with all Liquidity Providing banks connected to the FXSpotStream® Service.
FXSpotStream® does not charge brokerage fees to its clients or Liquidity Providing banks.
In addition to not charging brokerage fees, data or hosting fees, FXSpotStream® allows its clients to connect one time to a single API or GUI and trade with as many banks as the client has a relationship with.
A client is able to
- Reduce the number of physical connections associated with writing to and maintaining multiple APIs or accessing up to 15 banks on one screen
- Reduce the human capital cost
- Reduce the time to market
- Preserve the bank to client bilateral relationship with price streams tailored specifically for the client
- Improve performance depending on the existing connectivity
A client is able to
- Reduce the number of physical connections associated with writing to and maintaining multiple APIs or accessing up to 15 banks on one screen
- Reduce the human capital cost
- Reduce the time to market
- Preserve the bank to client bilateral relationship with price streams tailored specifically for the client
- Improve performance depending on the existing connectivity