Jeremy Smart, Global Head of Distribution at XTX Markets, said: We are excited to be working with Cboe FX to enhance the distribution of our FX Algo product, which furthers our ability to reduce the FX community’s trading cost when patiently executing larger orders. We look forward to helping the platform’s participants benefit from our…
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The main reason for this was the impact of Covid-19 across the world. Because a large proportion of the population were in some form of lockdown, it meant that traditional trading wasn’t as viable. As such, traders with a superior technological platform saw a sharp increase in their own FX trading volume. There were none…
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Alan F. Schwarz, FXSpotStream Co-founder and CEO commented: We are extremely excited to be live with our Algos and Allocations API offering. The team has done a tremendous job getting the offering live on schedule despite some challenging conditions related to the global pandemic. Alan F. Schwarz, continued: Clients currently do not pay a fee…
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FXSpotStream reported an ADV of $42.648 billion in 2020 with a 18.52% compared to the $38.983 billion in 2019. The company even surpassed the $11 Trillion mark in volume supported. The YoY Spot volume increased 24,27%, NDF volume jumped 98.69% and Forwards volume was up 73.44%. These growths happened along with 19.64% increase in the…
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