The move comes as FX traders demand access to unique big data sets to improve transparency, seamlessly embed it to operationalize workflows to optimize trade decision-making and guide the overall trading process.
Tradefeedr’s unified data analytics API offers a seamless connection to a global FX data set, which increases transparency in pre- and post-trade and enables buy-side FX desks to make informed trading decisions. The new solution brings standardized, aggregated trading data into one place to be analysed, whether executed by algo or risk transfer (RFQ or RFS). Andy Mahoney, Managing Director, EMEA at FlexTrade Systems, stated: “We’re delighted to extend our partnership with Tradefeedr to incorporate its newly launched API within FlexTRADER EMS. The move is in response to the increased demand for advanced, comprehensive FX analytics from our multi-asset client base to deliver innovative and actionable pre-trade data tightly integrated within their order blotter. Having the data available in this way can help optimize trading decision-making and enable traders to efficiently handle low-touch orders by applying automation via our FlexAlgoWheel solution.”
