Spotex has signed INTL FCStone to provide prime services enabling clients to access the firm’s ECN. The addition 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. “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 utilising INTL FCStone Markets as their financial intermediary. We look forward to growing our relationship with the Spotex team.”
John Eley, CEO of Spotex, adds, “We look forward to working with INTL FCStone Markets to expand access to our ECN from brokers, fund managers and other institutional market participants. We see the Spotex ECN’s combination of uncorrelated trade flows and its robust, low-latency matching technology providing value to INTL FCStone Markets clients across the globe.”