FXSpotStream finds niche in cash-strapped times

Aggregation venue shows 385% growth year-on-year in September

Alan Schwarz, FxSpotStream chief executive

Intense focus on reducing costs has been one of the main themes of the year, with a particular emphasis on trimming execution costs, forcing both the buy side and the sell side to look for more efficient ways of trading.

In this environment, the 385% year-on-year volume growth at multibank aggregation venue FXSpotStream (FSS) indicates that company chief executive Alan Schwarz hit a nerve in the market when he launched the service in 2012.

"The actual cost of operating an FX trading venue is not

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