INTL FC Stone Markets to Provide Prime Services to Spotex
Addition Supports Spotex's Expansion Within Wholesale FX Market
JERSEY CITY, NEW JERSEY, November 11, 2019 - Spotex, a developer of foreign exchange (FX) modular technology systems, has signed INTL FCStone Markets, LLC to provide prime services enabling clients to access Spotex's institutional ECN. The addition of INTL FCStone Markets, LLC comes as Spotex is launching a slate of new products and services to the brokerage and fund manager market segments.
"We are excited about the opportunity to offer Spotex as an additional ECN within our prime of prime offering," says Fred Allatt, Managing Director - North America FX Sales, INTL FCStone Markets, LLC."Our client base of professional traders, hedge funds, CTA's and broker dealers will benefit from having this additional venue to access competitive spot pricing and superior technology, while utilizing INTL FCStone Markets, LLC as their financial intermediary. We look forward to growing our relationship with the Spotex team."
Access to Spotex's wholesale and institutional liquidity is facilitated by leading bank FX prime brokers, prime-of-prime brokers and prime service providers.
"We look forward to working with INTL FCStone Markets, LLC to expand access to our ECN from brokers, fund managers and other institutional market participants," said John Miesner, Chief Executive Officer, Spotex. "We see the Spotex ECN's combination of uncorrelated trade flows and its robust, low-latency matching technology providing value to INTL FCStone Markets, LLC clients across the globe."
About Spotex LLC
Spotex provides high performance FX technology on a wholesale basis to brokers, institutions and fund managers. The technology is built on a flexible, stable, ultra-low latency architecture. Spotex's technology supports its complete, modular white-label systems for brokers and fund managers as well as its institutional ECN.
Spotex's ECN uses proprietary, performance-based matching logic to optimize top-of-book liquidity and runs on a true 24/7 schedule without end-of-day shutdowns.
The company is based in Jersey City, New Jersey. Its website is
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