To expand its current liquidity pool, FXSpotStream, a subsidiary of LiquidityMatch LLC, added NatWest as its 16th liquidity provider. This development follows FXSpotStream's introduction of new pricing plans earlier this year, marking the platform's first addition of a liquidity provider since 2020.

NatWest Joins FXSpotStream as 16th Liquidity Provider

With the newest addition of NatWest, FXSpotStream aims to diversify its 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 offerings further and enhance its proposition to clients. The bank joins an already robust lineup of liquidity providers, including Bank of America, Barclays, and Goldman Sachs.

Tom San Pietro, the Interim CEO at FXSpotStream, stated that the new pricing plans allow liquidity providers to select the offering that best suits their business needs. As a result, NatWest's addition is seen as a strategic move to expand the platform's liquidity pool.

"We are delighted to announce that NatWest has taken advantage of the new pricing plans and is the 16th liquidity provider available to clients. On the back of a record-breaking year in volume for FXSpotStream in 2022, it is tremendously exciting to expand the liquidity offering for the first time since 2020," Pietro added.

According to the Interim CEO, FXSpotStream has been a disruptor in the traditional foreign exchange (FX) trading model since its inception in 2011. The platform offers fully disclosed, multi-bank, relationship-based trading services for FX and precious metals.

Analytical Insights for Clients

Olivier Werenne, the Head of eFX Sales EMEA and APAC at NatWest added that FXSpotStream's global reach and shared infrastructure enable the company to offer better pricing and liquidity to their clients.

Last week, FXSpotStream partnered with the financial markets data science firm FairXchange to offer independent execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term analytics via the "Horizon" platform. This new feature aims to provide clients with valuable insights into their trading execution, thereby allowing them to refine their trading strategies.

FairXchange's Horizon platform analyzes all relevant transaction and pricing data, facilitating data-driven discussions between liquidity providers and consumers.

FxSpotStream's September ADV Climbs 8.63%

The latest data from FxSpotStream revealed mixed performance regarding trading volumes. While the total average daily volume (ADV) increased in September 2023 compared to August, it showed a year-over-year (YoY) decline.

September's total ADV stood at $95.99 billion, marking an increase of 8.63% from August's $60.8 billion. However, this growth is tempered by a YoY decline of 10.03%. The mixed results indicated a complex trading environment, even as FxSpotStream took steps to offer more transparency and align itself with market standards.