Ripple Stream is an interface for market makers to submit bid/ask offers to the Ripple network. It uses FIX and .NET APIs to plug into the market makers’ existing systems, allowing for an easy interface with their trading clients. Ripple Stream can be used by FX trading desks within a bank for an internal market making use case. For corridors that a bank does not have an internal FX trading capability, it can allow external market makers to provide liquidity for your cross-border payment customers.
Ripple Stream is a key piece of Ripple's Solution for FX Market Making. Its intended user is institutional market makers, either at dedicated firms or internally within banks.