FlexTrade integrates Tradefeedr’s API for real-time currency data.

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The FX Trading Database enables market participants from regional banks, regional banks, hedge funds, brokers and central banks to connect, analyze their trading data and collaborate.

FlexTrade Systems has made Tradefeedr’s data analysis API available in the FlexTRADER EMS as an add-on, the provider of multi-asset execution and order management systems said.

A European buy-side company has already gone into production and production thanks to the integration of Tradefeedr, which enables collaborative analysis of trading performance between liquidity providers and their clients using standardized common metrics.

With Tradefeedr, sellers submit trading data on behalf of their buying clients in order to enable market participants to interact with each other and provide new information and better decision making for all.

The integration is primarily aimed at long-side trading teams using the FlexTRADER EMS looking for real-time forex data ready for analysis.

Andy Mahoney, Managing Director, EMEA at FlexTrade, said: “A significant operational burden that buy-side trading teams face is producing accurate and standardized forex data on which to base trading decisions. Mahoney added, “By integrating Tradefeedr directly into our EMS order blotter, analysis-ready data and analysis is available at your fingertips, delivering actionable insights when FX traders need it most. “

Balraj Bassi, Co-Founder of Tradefeedr, commented: “Tradefeedr’s FX trading and analysis platform removes the silos traditionally associated with the buy and sell sides, spawning better relationships and decision making, and removes the need for aggregate disparate data sources associated with forex market and trading data. As a result, our platform will provide significant benefits to our mutual clients by providing better access to trading information. “

The FX Trading Database enables market participants from regional banks, regional banks, hedge funds, brokers and central banks to connect, analyze their trading data and collaborate.

Tradefeedr provides them with standardized data to foster informed decision-making and stronger relationships with other market players.

The solution has a library of pre-existing analysis models covering everything from transaction cost analysis to customized best execution policies and liquidity management, as well as user-friendly tools for reporting and reporting companies. to analyse.

API integration provides forex data and predefined analytics directly into FlexTRADER EMS order blotting, allowing clients to review their trading margins, impacts and spreads directly with liquidity providers within FlexTRADER EMS.

Tradefeedr was founded in 2018 by Balraj Bassi and Alexei Jiltsov, former managers of Lehman Brothers. Together, they also launched Blacktree, a macro-systematic hedge fund.

In December 2020, the company raised $ 3 million in funding from Michael Spencer’s private investment firm IPGL, NEX and NEX CEO Seth Johnson, who is the chairman of Tradefeedr.

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