Exclusive: FXSpotStream names Tom San Pietro Interim CEO, replacing Alan Schwarz
Tom San Pietro has served as Chief Technology Officer (CTO) of FXSpotStream for the past six years.
Tom San Pietro has served as Chief Technology Officer (CTO) of FXSpotStream for the past six years.
Each of Cboe FX, 360T, FXSpotStream and EuronextFX saw single-digit increases in FX volumes trading activity.
Activity in the second half of April picked up, and even exceeded March’s levels at some leading forex ECNs.
November was basically flat with October, until the last few trading days, when Omicron variant fears rattled financial markets.
The project will involve a full overhaul of the existing infrastructure in place for FxSpotStream’s liquidity providers and clients.
FXSpotStream clients will have access to over 70 different Algos and 200+ parameters offered by the FXSpotStream Liquidity Providers.
Ross Smith was General Counsel at GTX, the institutional FX arm of Retail FX broker Gain Capital, since 2010.
Overall, trading volumes were up 2.3% MoM in May, with all ECNs but FXSpotStream posting modest single-digit percent gains.
Algos have been a significant area of focus for Liquidity Providers and coincides with the continuing electronification of the FX market.
Yuta Inoguchi, who will be based for FXSpotStream in Tokyo, has spent the last five years at Commerzbank in Tokyo.