Tom San Pietro

NatWest joins FXSpotStream as liquidity provider

November 2023 in News Headlines

FXSpotStream LLC has announced that NatWest has joined the Service as a liquidity providing bank. NatWest is now available and becomes the 16th bank available to clients connected to FXSpotStream’s price streaming service, joining Bank of America, Barclays, BNP Paribas, Citi Commerzbank, Credit Suisse, Goldman Sachs, HSBC, J.P.Morgan, Morgan Stanley, MUFG, Standard Chartered, State Street, Societe Generale and UBS. FXSpotStream Interim CEO, Tom San Pietro commented, “In Q1 of 2023 FSS rolled out new liquidity provider pricing plans that allow liquidity providers to choose a plan that best fits their business and commercial needs. Our objective was to improve our value proposition to our clients by delivering more of their relationship liquidity needs. 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 be expanding the liquidity offering for the first time since 2020.” Olivier Werenne, Head of eFX Sales EMEA and APAC at NatWest, said: “FXSpotStream’s global footprint and shared infrastructure allow us to deliver better pricing and liquidity to our clients, providing them with one point of access to liquidity without incurring the costs of maintaining multiple APIs. We are delighted to join FSS.”