FXSpotStream

FX | Insights

FXSpotStream’s analytics suite, FX|Insights, delivers real-time data to its clients and Liquidity Providers to meet the business challenges and demands of trading FX and Precious Metals. The continued focus on transparency and interest in managing the entire life cycle of an order have been key drivers in the development of FX|InsightsSM.

Our powerful visual analytics tool provides you with valuable insights to help you manage your orders more effectively. You are able to utilize the data to identify and often pre-empt trading issues that may occur. Access to real-time data helps you investigate and resolve issues more quickly and efficiently.

Benefits:

- Helps you accurately record and monitor transparency in pricing and support best execution requirements
- Allows you to track statistics relating to the life cycle of an order from initial price to order confirmation
- Helps you benchmark performance over time by monitoring historical data reports
- Real-time dashboards across a number of data-sets including order latency, rejections and fill ratios
- Monitor post-trade impact in near real-time with enhanced Decay Analysis Report
- Helps you evaluate the spreads across your liquidity providers

Features:

- Pre-defined reports available with each one composed of multiple graphical views
- Multiple view types available: pie chart, bar chart, line chart or table
- Filters can be applied across all data sets including selecting date and time ranges
- Historical trading records
- Ability to download data in simple CSV files
- Zoom in/out feature for bar and line charts
- Access FX|InsightsSM GUI from your browser without any need to download software onto a local PC/network

API Options 

Clients can interact bilaterally with Liquidity Providers in three ways:

1. Full Amount – Best bid/ask for full amount
2. Pass through – Fully disclosed, depth of book
3. Limit Orders

• One or both limit orders options can be selected
• Pass through mode supports order and quote based price streams
• Both Executable Streaming Prices (ESP) and Request for Streams (RFS) available
• Price streams are fully configurable and dedicated limit order functionality is available
• No size or currency pair limitations
• Connected to various STP providers for post-trade notifications

Connectivity Options

Clients can connect to the FXSpotStream® Service in multiple ways:

• Cross-Connect – Clients located in Equinix facilities are able to connect to the Service via a 1g or 10g cross-connect
• Metro Connect
• Extranet – connectivity is available through various extranet providers
• VPN
• Public Internet – Clients connecting to the NY2 site can connect through the Public Internet

FXSpotStream will support all currency pairs that our Liquidity Providers will Stream

NDF and NDS – Non-Deliverable Forwards (NDFs) and Non-Deliverable Swaps (NDS) differ from regular forward and swap products in that the underlying currencies are not exchanged, instead the trades are cash settled in the primary currency, typically USD, although other currencies are sometimes used as well.

FXSpotStream is one of the few services that allows clients fully disclosed NDF and NDS streaming of prices. Clients have the option of accessing both NDF and NDS products via one or both of the execution types available on FSS (Streaming and/or RFS) for standard tenors as well as broken dates with FXSpotStream’s 18 Liquidity Providers.

A wide range of NDF/NDS currency pairs are already supported on the Service, typically Asian and South American currency pairs. However, with FSS technically able to support any currency pair that our LPs support, we welcome inquiries about additional pairs. The sales team at FXSpotStream is available to discuss specific requirements and how we can help enhance your NDF/NDS trading experience.