Tag: Quant analytics

Quant analytics

EBS Launches API Streaming of Quant Analytics

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.

NEX Markets Report Sees Improved FX Market Behaviour

NEX Markets has released a new report, which it says demonstrates greater transparency and improved behaviour in the FX market since the FX Global Code came into effect in May 2017.
The report, entitled The FX Global Code: Changing Transparency and Behaviour, uses data from NEX Quant Analytics and highlights how the firm has witnessed a significant reduction in hold times, reject rates and a tightening of spreads on the bilateral EBS Direct platform. “This suggests an industry-wide move for greater transparency and improved market behaviour,” the firm says.

Saxo Establishes Quant Unit

Saxo Bank has established a new quant unit and hired Jesper Andreasen and Hans-Jørgen Terp Flyger to set up and run it with the responsibility to drive and manage the development of new state-of-the-art risk tools.
The firm says the new tools will support its internal risk functions and will also allow Saxo to offer new and better tools for clients including forward-looking risk management tools.
Andreasen has served as head of the quant department at Danske Markets and Flyger as head of derivatives and risk IT at Danske Markets.

NEX Markets Launches NEX Quant Analytics

NEX Markets has launched a new suite of analytical tools on its EBS FX trading platform that seeks to match the sophistication levels of those available at banks and trading firms, however at market level.
NEX Quant Analytics was launched today and uses benchmark data taken from the entire EBS ecosystem. It delivers “real and measurable” insight for clients into their own trading activities and the ability to look at their performance versus that of their peers.
With execution quality taking a more prominent role in FX market participants’ thinking, especially around their market impact, the timing would appear to be good for the firm.