FXSpotStream Launches Web-Based HTML5 GUI and Growing FX Trading Volumes
- With average daily volumes in the trillions so far in 2015 and growing, FXSpotStream has announced the launch of a web-based GUI.
Announcing performance figures for June, FXSpotStream has released that June average daily volumes (ADV) were 54% above the same period in 2014 as well as growing 24% from May. While the multi-bank FX and precious metals platform provider doesn’t report in-depth details of their volumes, they have revealed that daily activity is in the billions of dollars trades a day, and “multiple trillions” so far for 2015.
Along with providing a performance update, FXSpotStream also announced the launch of a new web-based HTML5 GUI. Using technology from SmartTrade, the new GUI adds to their existing downloadable platform and API connection that had been available for accessing FXSpotStream’s 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.
According to FXSpotStream CEO Alan F. Schwartz, the launch of the web-based GUI was based on meeting client demand. Currently, the majority of trades on the electronic platform are performed via API connections between clients and FXSpotStream. With the additional GUI, it is expected to provide customers with greater access to both placing trades and monitoring their accounts without the need of using the downloadable platform.
Commenting on the GUI launch and product expansion, Schwartz stated, “The launch of the new GUI continues the rapid expansion of the service this year where we have already added new order types to our API; added two more Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term; Credit Suisse and Standard Chartered Bank; and opened our London office.”
Announcing performance figures for June, FXSpotStream has released that June average daily volumes (ADV) were 54% above the same period in 2014 as well as growing 24% from May. While the multi-bank FX and precious metals platform provider doesn’t report in-depth details of their volumes, they have revealed that daily activity is in the billions of dollars trades a day, and “multiple trillions” so far for 2015.
Along with providing a performance update, FXSpotStream also announced the launch of a new web-based HTML5 GUI. Using technology from SmartTrade, the new GUI adds to their existing downloadable platform and API connection that had been available for accessing FXSpotStream’s 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.
According to FXSpotStream CEO Alan F. Schwartz, the launch of the web-based GUI was based on meeting client demand. Currently, the majority of trades on the electronic platform are performed via API connections between clients and FXSpotStream. With the additional GUI, it is expected to provide customers with greater access to both placing trades and monitoring their accounts without the need of using the downloadable platform.
Commenting on the GUI launch and product expansion, Schwartz stated, “The launch of the new GUI continues the rapid expansion of the service this year where we have already added new order types to our API; added two more Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term; Credit Suisse and Standard Chartered Bank; and opened our London office.”