MarketFactory, part of ION Markets, a global provider of trading, analytics, and risk management solutions for capital markets, has partnered with Tradefeedr, an independent FX data and analytics provider.
The Tradefeedr data and analytics platform is now fully integrated within MarketFactory, enabling clients to review their trading markouts, impacts, and spreads directly with liquidity providers, using a common platform and shared data sets. Tradefeedr’s data analytics solution will be available as an add-on to new and existing customers using the award-winning MarketFactory service.
Tradefeedr has created a common, truly independent FX trading database allowing market participants across the sell-side, buy-side, regional banks, hedge funds, brokers, and central banks to connect, analyse their trading data, and collaborate. In June 2021, Tradefeedr launched its ground-breaking FX data analytics platform with more than 15 leading sell-side and 20 major buy-side firms onboarding and another 20 in the pipeline.
“MarketFactory’s partnership with Tradefeedr will broaden our offering to clients, providing shared data sets through one unified platform. The combination of MarketFactory’s end-to-end connectivity and Tradefeedr’s unified, analysis-ready data is a compelling proposition in a market where real-time data-driven decision-making is key,” says Eugene Markman, MarketFactory Chief Executive Officer.
“I’m very excited by the possibilities this strategic partnership offers both Tradefeedr and MarketFactory clients. Our platform delivers significant benefits to market participants, through improving collaboration, and giving better access to trading information, providing greater transparency and trust in the market,” adds Balraj Bassi, Co-Founder of Tradefeedr.
