FXSpotStream Adds NatWest as its 16th Liquidity Provider

FXSpotStream, a subsidiary of LiquidityMatch LLC, has expanded its liquidity pool by adding NatWest as its 16th provider. The move follows the implementation of new pricing programs that offer greater flexibility to providers such as Barclays and Goldman Sachs. The addition of NatWest is FXSpotStream’s first addition of a liquidity provider since 2020 and marks significant progress for the bank-owned consortium.

Since its inception in 2012, the platform has disrupted forex trading by offering fully disclosed, relationship-based, multi-bank trading services for foreign exchange and precious metals. FXSpotStream continues to enhance its service offering by providing clients with a single liquidity access point through a variety of trading protocols and algorithmic suites.

FXSpotStream’s interim CEO Tom San Pietro and NatWest's Olivier Werenne applauded the expansion, especially after record-breaking trading volumes in 2022. The platform reported an average daily volume (ADV) of $95.99 billion in September, up 8.63% from August, despite a 10.03% year-on-year decline.

In an effort to facilitate data-driven discussions and improve clients' relationship liquidity needs, FXSpotStream has partnered with FairXchange to provide execution analytics through the Horizon platform. This move is expected to utilize trading data analytics to promote mutually beneficial relationships between the platform and its clients.

(Source: investing.com)