SmartTrade Technologies powers FXSpotTream Liquidity

SmartTrade Technologies today announced that FXSpotStream LLC, the recently announced multibank Spot FX price aggregation service, is powered by smartTrade's Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Management System. From FXSpotStream's initial hosting site in the U.S., smartTrade's technology supports the FXSpotStream multibank FX aggregation service allowing clients to access liquidity from the FXSpotStream Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on Read this Term through a single API (application programming interface).

Clients can place orders through a single connection and have them routed directly to their specified liquidity providers. Alan F. Schwarz, CEO, of FXSpotStream stated: "FXSpotStream provides banks and clients the ability to communicate bilaterally using a solution that does not interfere with the transaction, is transparent and eliminates the cost of execution." "After a careful review of smartTrade's technology, we chose smartTrade because they offered a proven system and demonstrated that they would be able to meet all of our requirements," said Schwarz. Harry Gozlan, CEO and Founder of smartTrade said: "We are extremely pleased to have been selected by FXSpotStream and the consortium to provide the end-to-end technology solution needed for its clients to communicate with each other in a fast, reliable and transparent manner. Our technology solutions are used by some of the largest FX market participants and banks in the market and have been proven for functionality, scalability and redundancy."

Institutional FX volumes have shown weakness during the last quarter EBS saw a decline of 26% in volumes compared to 2011 figures.