Switchboard provider Reactive Markets and data analytics provider Tradefeedr have partnered to offer crypto and FX trade analytics.
As part of the partnership, clients of Switchboard can now choose to automatically stream their crypto and FX post-trade data to Tradefeedr.
The new service is already live and fully integrated with Switchboard.
Switchboard is a crypto and FX trading liquidity network, that allows clients to trade on a fully disclosed basis with their relationship liquidity providers at no cost, connecting via a single API or front-end trader desktop.
Earlier this year, Tradefeedr launched its data analytics platform with more than 20 buy-side and 15 sell-side firms onboarded, and another 20 in the pipeline.
Tradefeedr provides a common, independent trading database which enables the sell-side, buy-side, regional banks, hedge funds, brokers, and central banks to connect, analyse their trading data, and collaborate.
Balraj Bassi, co-founder of Tradefeedr, said there is a great deal of synergy between Reactive Markets and Tradefeedr. “Both offer best-of-breed specialist services, both are open platforms designed to improve trading for all market participants, and both have zero fees for buy-side clients. As the market continues to move towards an unbundling of services, this partnership simplifies client access to the leading platforms for crypto and FX trading and analytics.”