The addition of Barclays to the FXSpotStream Service, expands the offering by increasing the liquidity available to clients. With the increase of the liquidity, the volume supported by the service also grows. In June the company registered an ADV of USD43.287 billion – a 19.9% increase MoM compared to May 2020 and their third highest monthly ADV ever. The overall volume for June reached USD952.3 billion.
In 2020 the service is averaging an 18.66% increase in ADV per month (Jan ’20 – Jun ’20) vs the same time period in 2019.
The client base has also increased with 19% growth in the number of clients going live in Q1 2020 compared to Q1 2019.
Mauricio Sada-Paz, Global Head of eFICC Product & Distribution, commented:
We are very pleased to partner with FXSpotStream. Their footprint will further advance our global client offering and ensure we continue to provide an exceptional trading experience. The consistent growth FXSpotStream have shown make them an ideal company to be pairing with at this time.
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