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
www.spotex.com
Media Contact
Peter Burton
Delta Markets Group
+1 203 456 2200