Bank of Tokyo-Mitsubishi UFJ goes live on FXSpotStream as the 12th Liquidity Provider 

• Volumes on the Service increases 25% through November

FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Bank of Tokyo-Mitsubishi UFJ is now live as a liquidity providing bank to FXSpotStream’s price aggregation service and client trading with Bank of Tokyo-Mitsubishi UFJ via the service has commenced. Bank of Tokyo-Mitsubishi UFJ is the 12th bank available to clients connected to FXSpotStream’s service. The addition of BTMU adds to the liquidity available from FXSpotStream’s existing liquidity providers, which include BofA Merrill Lynch, BNP Paribas, Citi, Commerzbank AG, Credit Suisse, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, Standard Chartered and UBS.

Alan F. Schwarz, CEO, stated: “Today we celebrate the four year anniversary of our business and are once again extremely gratified with what we have accomplished in 2015. Our volumes have increased 25% January to November compared to the same period last year. Including Bank of Tokyo-Mitsubishi UFJ, this year we added 3 new Liquidity Providers, launched a new GUI, opened a London office, upgraded and doubled the capacity of our infrastructure in each of our sites in New York, London and Tokyo, expanded the number of jurisdictions where the service is available and almost tripled the number of employees globally. Looking ahead, we are extremely well positioned to continue to deliver much needed innovation to the market with our unique business model where we eliminate the cost of execution for price takers and significantly reduce the cost for our liquidity providing banks – all without altering the trading relationship or experience.

Hirochika Iwadare General Manger of Global Markets Trading Division said: “We are extremely pleased to be live with FXSpotStream as client demand globally for us to provide liquidity over FXSpotStream has been strong. FXSpotStream has established itself as an important venue in the market. Its focus on delivering a cost effective means for us to transact with our clients in a fully disclosed, transparent manner makes it an important channel for us to participate in.”

Alan F. Schwarz, CEO
email: aschwarz@liquiditymatchllc.com

 

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