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FXSpotStream Adds FX Algos and Allocations Functionality over Its API

Source: David

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Fazzaco learned that FXSpotStream, a FX streaming aggregation service provider, has added FX Algos and Allocation functionality over its API.

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In January, the company first announced its intentions to add such functionalities by the end of the second quarter of this year. The new services has provided its clients with over 70 different Algos and more than 200 parameters offered by the Liquidity Providers (LPs). Further, clients will be allowed to send and allocate orders from multiple accounts at the same time on a pre- and/or post-trade basis through FX Allocations.

Alan F. Schwarz, FXSpotStream's Co-Founder and CEO, said: "We are extremely excited to be live with our Algos and Allocations API offering. The team has done a tremendous job getting the offering live on schedule despite some challenging conditions related to the global pandemic."

"The feedback since we announced the addition of support for FX Algos and Allocations has been resoundingly positive," added Alan.

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