FXSpotStream Adds Credit Suisse as Liquidity Provider
- The liquidity provided by the Swiss bank is already live for clients of the LiquidityMatch LLC’s aggregator service FXSpotStream
Credit Suisse has become the tenth Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider (LP) for the FXSpotStream aggregator service of LiquidityMatch LLC. The move comes at a time when banks have tightened capital requirements for their broker counterparties in the aftermath of the Swiss National Bank induced Black Swan Black Swan A Black Swan event is most commonly associated with an unforeseen calamity or event. In its most basic form, this event results in disastrous consequences for multiple parties, markets, or individuals and are characterized as extraordinarily rare in frequency, yet are seemingly predictable in retrospect. In the foreign exchange space, the most noteworthy of these events in recent memory was the Swiss National Bank (SNB) crisis which roiled currency markets back on January 15, 2015.During this in A Black Swan event is most commonly associated with an unforeseen calamity or event. In its most basic form, this event results in disastrous consequences for multiple parties, markets, or individuals and are characterized as extraordinarily rare in frequency, yet are seemingly predictable in retrospect. In the foreign exchange space, the most noteworthy of these events in recent memory was the Swiss National Bank (SNB) crisis which roiled currency markets back on January 15, 2015.During this in Read this Term.
The addition of Credit Suisse compliments the aggregator service provided by FXSpotStream, which already delivers liquidity from a variety of major banks. The remaining nine are BofA Merrill Lynch, BNP Paribas, Citi, Commerzbank AG, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley and UBS.
Credit Suisse’s service is now live for clients of FXSpotStream’s sites in New York, London and Tokyo.
In the announcement, FXSpotStream CEO, Alan F. Schwarz, commented, “From the first day we formed the company in 2011, we were determined to grow the number of leading FX liquidity providing banks available to our clients."
“With the addition of Credit Suisse, we are nearing a doubling of the global FX banks on the service since we went live and more liquidity providers are planned to be added this year.The growth in liquidity providers and the 310% volume increase Year-on-Year (2014 vs 2013) is the direct result of our unmatched business model,” he added.
Credit Suisse has become the tenth Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider (LP) for the FXSpotStream aggregator service of LiquidityMatch LLC. The move comes at a time when banks have tightened capital requirements for their broker counterparties in the aftermath of the Swiss National Bank induced Black Swan Black Swan A Black Swan event is most commonly associated with an unforeseen calamity or event. In its most basic form, this event results in disastrous consequences for multiple parties, markets, or individuals and are characterized as extraordinarily rare in frequency, yet are seemingly predictable in retrospect. In the foreign exchange space, the most noteworthy of these events in recent memory was the Swiss National Bank (SNB) crisis which roiled currency markets back on January 15, 2015.During this in A Black Swan event is most commonly associated with an unforeseen calamity or event. In its most basic form, this event results in disastrous consequences for multiple parties, markets, or individuals and are characterized as extraordinarily rare in frequency, yet are seemingly predictable in retrospect. In the foreign exchange space, the most noteworthy of these events in recent memory was the Swiss National Bank (SNB) crisis which roiled currency markets back on January 15, 2015.During this in Read this Term.
The addition of Credit Suisse compliments the aggregator service provided by FXSpotStream, which already delivers liquidity from a variety of major banks. The remaining nine are BofA Merrill Lynch, BNP Paribas, Citi, Commerzbank AG, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley and UBS.
Credit Suisse’s service is now live for clients of FXSpotStream’s sites in New York, London and Tokyo.
In the announcement, FXSpotStream CEO, Alan F. Schwarz, commented, “From the first day we formed the company in 2011, we were determined to grow the number of leading FX liquidity providing banks available to our clients."
“With the addition of Credit Suisse, we are nearing a doubling of the global FX banks on the service since we went live and more liquidity providers are planned to be added this year.The growth in liquidity providers and the 310% volume increase Year-on-Year (2014 vs 2013) is the direct result of our unmatched business model,” he added.