Soc Gen goes live on FXSpotStream’s price streaming Service as its 15th liquidity provider

LiquidityMatch LLC’s wholly owned subsidiary FXSpotStream LLC announced that Societe Generale has gone live on FXSpotStream’s price streaming Service as its 15th liquidity provider.

Societe Generale is the 15th bank that provides liquidity for the FXSpotStream’s Service’s clients. The existing liquidity providers on the service include Barclays, BofA, BNP Paribas, Citi, Commerzbank AG, Credit Suisse, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, MUFG, Standard Chartered, State Street and UBS.

Alan F. Schwarz, FXSpotStream CEO commented:

Alan F. Schwarz, FXSpotStream

Alan F. Schwarz
Source: LinkedIn

Our focus when adding a new liquidity provider is to improve the ecosystem for our clients and ensure that we make available to clients liquidity in the areas needed. The addition of Societe Generale fulfils both of these criteria and complements the existing liquidity available to the clients using our Service.

FXSpotStream

FXSpotStream reported 20% MoM ADV increase in June at USD 43.287 billion and June was their third highest month ever.

Alex Dewhurst, Global Head of FX Sales Societe Generale stated:

FXSpotStream’s cost-effective, transparent solution, as well as its impressive growth, were key drivers for us in providing liquidity using their Service. Their network is global, and it fits well with our global business, especially with our Emerging Market footprint. We are truly excited about what this means for us, our clients and prospective clients.

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