AIX-EN-PROVENCE, FRANCE, and LONDON, UK, 28th May 2026 — smartTrade Technologies, a global leader and specialist in ultra-low-latency, multi-asset electronic trading and payments solutions, today announced a partnership with LiquidityMatch LLC, the parent company of FXSpotStream LLC, providing its multi-asset trading technology to power RateStream LLC — a dedicated Fixed Income streaming solution designed to bring the efficiency of the Foreign Exchange markets to the Rates space.
RateStream brings the proven no-cost-to-taker model — pioneered by FXSpotStream and trusted by leading global banks — to US Treasuries, with plans already underway to onboard European Government Bonds and additional Liquidity Providers later in 2026.
smartTrade has been at the forefront of Fixed Income electronification across its multi-asset solutions, supporting a wide range of Fixed Income instruments for financial institutions. RateStream is a flagship demonstration of this established capability to support both buy-side and sell-side institutions.
The partnership extends a long-standing technology relationship between the two firms. FXSpotStream set a new all-time ADV record of $173.6 billion in March 2026 — up 48.5% year-on-year — and has continued to operate at elevated levels through 2026.
David Vincent, CEO & Co-Founder of smartTrade Technologies, said: “RateStream represents a significant moment for the Fixed Income market and a powerful demonstration of what a natively cross-asset platform can deliver. Our congratulations to Jeff Ward and the entire LiquidityMatch team on the launch. The same technical foundations that power RateStream already power FXSpotStream. By extending our proven technology into a new bank-owned venue, we are reinforcing what smartTrade clients already know: a single, modular, and operationally robust platform can deliver world-class trading and venue solutions across every asset class — with no compromise on performance, stability, or security.”
Jeff Ward, CEO of FXSpotStream and RateStream, said: “smartTrade has been the technology partner behind FXSpotStream since the launch of our service and extending that partnership to RateStream was a natural progression. The platform has supported these sustained volumes with the ultra-low latency, stability, and service that are the hallmark of FXSpotStream — and that gave us full confidence in extending the same foundation to Fixed Income. By building on a shared technology foundation, we are able to deliver important synergies for our clients across FX and Fixed Income — including consistent performance, operational reliability, and a familiar user experience. This approach helps clients integrate and scale more efficiently, while enabling us to bring a high-quality Fixed Income service to market from day one. We look forward to continuing to work closely with the smartTrade team as RateStream evolves.”
About smartTrade Technologies
smartTrade Technologies is a global leader in AI-driven solutions for multi-asset electronic trading and payments. Headquartered in France, smartTrade provides agile, end-to-end platforms for financial institutions, specializing in FX, Precious Metals, Money Markets, Fixed Income, Crypto, and Derivatives, all delivered via a secure SaaS model. Key solutions include:
• LiquidityFX (LFX): A comprehensive end-to-end trading solution providing modules for connectivity to liquidity providers and venues, aggregation, smart order routing (SOR), order management (OMS), pricing, distribution, risk management, proprietary code hosting (AlgoBox), and analytics.
• Commercial Banking & Payments (CBP): Unites FX and payments capabilities across the entire lifecycle, enabling banks to offer integrated cross-border payment experiences. Features include tailored pricing and distribution, support for various payment types, cash management tools, ISO 20022 compliance, and flexible API integration.
• FX Derivatives (FXD): A market-leading solution for FX and interest rate derivatives pricing, analytics, and risk management. FXD (previously known as kACE) provides sophisticated tools for the entire options lifecycle, including structured product pricing, volatility analysis, and 3D scenario risk modeling, enabling institutions to automate complex derivatives workflows.
smartTrade is at the forefront of financial technology, leveraging smartTrade’s Agentic Copilot (STAC), to drive autonomous workflow optimization, ultra-low latency execution, and secure, scalable environments.