FlexTrade integrates Glimpse’s post-trade bond execution data

Rick Steves

“Looking further ahead, this integration also presents multiple opportunities for how fixed-income traders could leverage the trading data. For example, traders could tap Glimpse data as an input to AI-driven automation workflow strategies in the future.”

FlexTrade Systems has announced the full integration of Glimpse trading data into its Fixed Income EMS solution, FlexFI,

The provider of multi-asset execution and order management systems tapped the buy-side driven data sharing network for unfiltered post-trade bond execution data in order to allow fixed income traders to incorporate and process vast volumes of Glimpse’s aggregated trade data and incorporate it into FlexFI’s Bond Widget.

Data enhances price discovery and delivers consolidated view of fixed income

Paul O’Brien, Founder and Chief Executive of Glimpse Markets, stated: “Integrating with leading EMS vendors is a crucial priority for Glimpse to ensure the breadth of data we offer is being incorporated into our clients’ fixed income trading workflows as seamlessly as possible. It’s exciting to see the new, innovative ways EMS vendors such as FlexTrade are taking this to the next level and unlocking unique insights from the Glimpse dataset, which will ultimately be beneficial to the end investor.”

Andy Mahoney, Managing Director, EMEA at FlexTrade, noted: “The incorporation of Glimpse’s innovative data offering into our fixed income EMS, FlexFI, has the power to transform how the analytics are used. As a first step, taking the raw data and displaying it in a visually rich format can help provide actionable insights to optimise price discovery. Looking further ahead, this integration also presents multiple opportunities for how fixed-income traders could leverage the trading data. For example, traders could tap Glimpse data as an input to AI-driven automation workflow strategies in the future.”

FlexFI’s visualisation tools provide a user friendly view of fixed income markets and allows traders to quickly search and analyse different bonds from the Glimpse data set.

When viewed alongside other market data sources and liquidity, it can enhance price discovery and deliver a consolidated view of the market for fixed-income trading.

Read this next

Retail FX

Vantage observes results of US$100,000 donation to UNHCR

Vantage’s US$100,000 donation has helped approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone.

Executive Moves

Tradition hires Michel Everaert to integrate data science and AI

“I am excited about the potential this offers, and look forward to building relationships and working with teams across the global business.”

Retail FX

IBKR extends US Treasury bond trading to 22 hours per day

US Treasury bonds are highly sought after by investors seeking stability and security in their portfolios as these instruments are often considered one of the safest investment options. 

Market News

Navigating Yen Depreciation and Euro Resilience in Global Markets

Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.

Digital Assets

El Salvador refutes rumors of Bitcoin wallet hack

Chivo Wallet, El Salvador’s official cryptocurrency wallet, has dismissed reports of a hack involving its software source code and the data of over 5 million users associated with its KYC (Know Your Customer) procedures.

blockdag

Best Crypto to Buy: BlockDAG Presale Hits $20.1M Following Moon-Shot Keynote Teaser as Dogecoin & Shiba Inu Prices Plummet

This landmark achievement sets it apart in the cryptocurrency landscape, where traditional favorites like Dogecoin and Shiba Inu are witnessing a price decline.

Digital Assets

MetaMask developer sues SEC over regulatory overreach

Ethereum ecosystem developer Consensys Software has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s regulatory actions concerning Ethereum and its related services.

Institutional FX

Tradeweb pulls in $408.7 million in Q1 revenue amid record trading volumes

Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.

Institutional FX

BGC Group valued at $667 million following investment by major banks

BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.

<