A new report from Greenwich Associates says that FX market participants are spurning anonymous trading on ECNs in favour of disclosed, bilateral trades executed through a variety of channels – as well as a growing share of business done through so-called “API aggregators” that could eventually emerge as a challenger to the market’s biggest execution […]
EBS is launching a new API streaming service on its quant analytics platform. The new functionality is expected to launch in the second quarter of 2019 and will stream trade information, market impact and alpha calculations on a trade-by-trade basis to clients.
Profit & Loss has previously reported how, using benchmark data taken from the entire EBS ecosystem, the analytics platform is designed to provide insights that allow clients to analyse trade flows, optimise execution efficiencies and benchmark their performance against the EBS community, including statistics on averages for like-for-like trades.
MarketFactory has integrated its API, Whisperer, with Elysium Technology Group’s middle and back office product, Mission Control.
Whisperer is a low-latency API that connects traders to over 80 ECN, bank and non-bank FX venues for market data, trading and market making. Mission Control is a cloud-based enterprise solution that enables FX trading operations to automate and optimise middle and back office functions.
A global investment bank was the first customer to go live with the integration last month, says MarketFactory in a release issued today.
Oanda has released a new version of its Exchange Rates API, which has been updated to include what the firm calls “real-time” currency rates.
The rates available on the new API are updated every five seconds, providing, the firm says, a more accurate reflection of current market prices.
The firm says the new API aims to provide corporate treasurers and finance directors with a greater degree of visibility over the FX market, helping them mitigate risk, reduce currency exposure and improve cash flow.