NatWest Shakes Up FXSpotStream’s Liquidity Pool First Time since 2020

<p>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.</p><p>NatWest Joins FXSpotStream
as 16th Liquidity Provider </p><p>With the newest
addition of NatWest, <a href="https://www.financemagnates.com/tag/fxspotstream/" target="_blank" rel="follow">FXSpotStream </a>aims to diversify its <a href="https://www.financemagnates.com/terms/l/liquidity/">liquidity</a> 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. </p><p>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.</p><p>"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 volume year for FXSpotStream in 2022, it is tremendously
exciting to expand the liquidity offering for the first time since 2020,"
Pietro added.</p><p>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. </p><p>Analytical Insights for
Clients</p><p>Olivier
Werenne, Head of eFX Sales EMEA and APAC at <a href="https://www.financemagnates.com/tag/natwest/" target="_blank" rel="follow">NatWest </a>added that FXSpotStream's
global reach and shared infrastructure enable the company to offer better
pricing and liquidity to their clients. </p><p>Last week,
FXSpotStream <a href="https://www.financemagnates.com/institutional-forex/fxspotstream-bolsters-offering-with-fairxchanges-horizon-integration/" target="_blank" rel="follow">partnered with financial markets data science firm FairXchange</a> to
offer independent <a href="https://www.financemagnates.com/terms/e/execution/">execution</a> 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. </p><p>FairXchange's
Horizon platform analyzes all relevant transaction and pricing data,
facilitating data-driven discussions between liquidity providers and consumers.</p><p>FxSpotStream's September
ADV Climbs 8.63%</p><p>The latest
data from FxSpotStream reveals a<a href="https://www.financemagnates.com/institutional-forex/fxspotstreams-september-adv-climbs-863-yearly-volume-takes-a-10-hit/" target="_blank" rel="follow"> mixed performance regarding trading volumes</a>.
While the total average daily volume (ADV) increased in September 2023 compared
to August, it showed a year-over-year (YoY) decline.</p><p>September's
total ADV stood at $95.99 billion, marking an 8.63% increase from August's
$60.8 billion. However, this growth is tempered by a YoY decline of 10.03%. The
mixed results indicate a complex trading environment, even as FxSpotStream
takes steps to offer more transparency and align itself with market standards.</p>

This article was written by Damian Chmiel at www.financemagnates.com.