HONG KONG SAR - Media OutReach - 9 March 2021 - BidFX, a number one cloud-based supplier of digital FX buying and selling options for establishment
HONG KONG SAR – Media OutReach – 9 March 2021 – BidFX, a number one cloud-based supplier of digital FX buying and selling options for establishments and a wholly-owned subsidiary of SGX Group, at this time introduced the launch of BidFX Information and Analytics. This new providing is the most recent addition to BidFX’s highly effective suite of choices for monetary establishments, which incorporates an EMS platform, threat and compliance modules and transaction value evaluation (TCA).
With this growth, banks, hedge funds and asset managers can entry instruments to handle the gathering and cloud storage of client-specific liquidity streams, in addition to monitor composite charges throughout a number of FX merchandise. This provides institutional gamers a complete view of the pricing, market impression and liquidity for each transaction.
“The power to effectively harness, normalise and analyse FX knowledge has develop into more and more important for refining execution methods and evaluating counterparties,” stated Daniel Chambers, BidFX International Head of Information and Analytics. “The launch of this product arms our shoppers with instruments to supply priceless insights in actual time. At this time, having a safe platform isn’t sufficient; merchants want entry to quick and dependable market knowledge and analytics. The newest growth of the BidFX suite enormously streamlines market evaluation, liquidity provision, back-testing and extra, making it a necessary addition to any FX dealer’s toolkit.”
ABOUT BIDFX
BidFX is a number one cloud-based supplier of digital international alternate (FX) buying and selling options for the worldwide monetary market.
BidFX delivers customised liquidity in all FX merchandise from associate banks and gives broker-neutral order and cutting-edge execution administration companies. It gives an entire suite of negotiation protocols and a hub to the algo suites of all main banks that includes best-execution capabilities. Its transaction value evaluation (TCA) answer options pre-trade predictive fashions, in-trade benchmarking and post-trade synopses.
Based in January 2017, BidFX has over 100 of the world’s largest banks, hedge funds and asset managers at present related to its platform. BidFX is a subsidiary of SGX Group.
For extra data, please go to: www.bidfx.com
