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In safe hands: What can we expect next from FXSpotStream and its new business model?<br />
THE E-FOREX INTERVIEW<br />
we are hoping to begin that migration<br />
by the end of the year.<br />
What demands does that place on<br />
you and the team?<br />
The team has responded very well<br />
given everything that has been asked<br />
of them this year. There is a feeling<br />
of excitement here at the prospect of<br />
adding new LPs and the LPs being able<br />
to have a say in how they are charged.<br />
But the changes have shone a light<br />
on some areas in which we would like<br />
to strengthen our team and we are<br />
looking to make some additions to<br />
address this.<br />
One role we are excited to add is<br />
Liquidity Manager. We feel there is a<br />
real need, especially if we are to open<br />
our doors to new liquidity providers, to<br />
have someone directly responsible for<br />
these relationships.<br />
We know that the best way for any of our clients to do their business is to<br />
access all their liquidity via one service<br />
We are also looking to add a sales<br />
presence on the ground in Singapore.<br />
Singapore has been on the radar for us<br />
for a while now, but it’s very difficult<br />
to penetrate a new region without a<br />
dedicated presence. While we continue<br />
to expand the service in terms of<br />
products, new regions are also an<br />
effective way to target and acquire new<br />
clients. As a result, we are looking to add<br />
a full time salesperson in Singapore.<br />
And finally, what does the future<br />
hold for FXSpotStream?<br />
The core model and the philosophy of<br />
the company will not change. Since<br />
day one our aim has been to provide<br />
a more efficient and cost-effective<br />
way for clients to access liquidity. But<br />
with each addition we make, whether<br />
that be new LPs, new regions, new<br />
staff or new products, we open<br />
the possibilities for clients to use<br />
FXSpotStream and that is something<br />
we are tremendously excited about.<br />
As we delve further into our lowlatency<br />
architecture project, we believe<br />
we have a strong pipeline of clients.<br />
If we continue to execute at the same<br />
level of efficiency as the last eleven<br />
years, we feel we have a very good<br />
year ahead of us.<br />
42 MAY 20<strong>23</strong> e-FOREX
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