One buy-side firm is already live with the integrated solution which reduces significant operational burdens in producing aggregated, normalised FX data.
Through the integration of their services, clients trading FX will be provided with improved collaboration, analytics and clarity.
PrimeXM will distribute Tradefeedr’s data and analytics solutions via its XCore technology stack.
FX trading database allows buy- and sell-side firms, regional banks, hedge funds, brokers and central banks to analyse their trading data and collaborate with one another.
The majority of the $3 million in funding came from private investment firm IPGL.
Tradefeedr, founded by former hedge fund managers, has launched its data analytics platform with Goldman Sachs, UBS and XTX Markets.