FXSpotStream business expansion accelerates

FXSpotStream continues its rapid growth having had a record trading day on November 9th where volume exceeded USD49bn, 54% higher than their prior record trading day

First Published by e-Forex News: December, 2016

Alan F. Schwarz
Alan F. Schwarz

FXSpotStream continues its rapid growth having had a record trading day on November 9th where volume exceeded USD49bn, 54% higher than their prior record trading day. Alan F. Schwarz, CEO, stated: “The Service operated normally during the US election trading session with all banks pricing continuously throughout the day. In the background, our business expansion continues. We opened our Tokyo office this summer and have now added client services staff to support our growing APAC business. We also plan to add to our client services team in London and New York next year. In addition, we are rolling out NDFs in 1Q’17 starting with our NYC colo sites and then will expand the offering in Europe and Asia.”