Trading Technologies and FairXchange integrate to enhance FX execution analytics
The move will enhance clients’ ability to measure execution quality, analyse flow and liquidity provider performance and optimise counterparty relationships.
The move will enhance clients’ ability to measure execution quality, analyse flow and liquidity provider performance and optimise counterparty relationships.
The move will see FairXchange’s execution analytics technology integrated into CME Group’s EBS Direct platform as it looks to improve how FX liquidity is priced, accessed and evaluated.
Danish investment bank confirmed that there has already been an uplift in engagement from its liquidity partners leading to better results.
The move is set to allow FXSpotStream clients to further optimise their trading processes and strengthen relationships with their liquidity providers.
The past week saw an appointment from FairXchange, along with departures from Jefferies, OSTC and Liquidnet.
Incoming COO brings a wide range of experience to FairXchange, having previously served at Google Cloud and Microsoft, as well as investment banks such as Credit Suisse and Morgan Stanley.
The new strategic advisor at data science firm FairXchange has previously spent 16 years at Citi as head of FX algorithmic execution.