FXSpotStream Adds Algos to GUI
Posted by Colin Lambert. Last updated: June 30, 2022
FXSpotStream has extended its LPs’ algo offering from its original API channel to its GUI, providing the firm says, clients with access to over 70 different algos and more than 200 parameters within those strategies.
FXSS says since launching algos in July 2021, it has supported over $19 billion in algo volumes across 46 currency pairs in spot and NDFs, from eight clients accessing 26 different strategies from 10 LPs.
A roll out onto the GUI has been part of FXSS’ plans from when it launched algos along with aggregation in 2021, at the time of launch, FXSpotStream CEO Alan Schwarz told The Full FX, ““We recognise that there is a fair amount of algo business done via a GUI. Our plan is to start with our strength – the API – and then look to a different channel in the GUI.”