FlexTrade integrates Tradefeedr’s API for real-time FX data.

Rick Steves

The FX trading database allows market participants across the sell-side, buy-side, regional banks, hedge funds, brokers, and central banks to connect, analyze their trading data, and collaborate.

FlexTrade Systems has made Tradefeedr’s data analytics API available within the FlexTRADER EMS as an add-on, the provider of multi-asset execution and order management systems announced.

A European buy-side firm has already gone live and in production using the integration of Tradefeedr, which enables collaborative analysis of trading performance between liquidity providers and their clients using standardized common metrics.

Market participants interact with each other for insights

With Tradefeedr, the sell-side to submits trading data on behalf of their buy-side clients in order to allow market participants to interact with each other and deliver new insights and better decision making for all.

The integration caters mostly to buy-side trading teams using the FlexTRADER EMS looking for real-time, analysis-ready FX data.

Andy Mahoney, Managing Director, EMEA at FlexTrade, said: “A significant operational burden buy-side trading teams face is producing accurate, normalized FX data on which to base trading decisions. Mahoney added, “By integrating Tradefeedr directly into our EMS order blotter, analysis-ready data and analytics are available at their fingertips, delivering actionable intelligence when FX traders need it the most.”

Balraj Bassi, Co-Founder at Tradefeedr, commented: “Tradefeedr’s FX trading and analytics platform removes the siloes traditionally associated with the buy- and sell-side, engendering better relationships and decision making, and removes the need to aggregate the disparate data sources associated with FX market and trading data. As a result, our platform will deliver significant benefits to our mutually shared clients by delivering better access to trading information.”

FX trading database for brokers

The FX trading database allows market participants across the sell-side, buy-side, regional banks, hedge funds, brokers, and central banks to connect, analyze their trading data, and collaborate.

Tradefeedr provides them with standardized data to drive informed decision making and stronger relationships with other market participants.

The solution boasts a library of pre-existing analytics templates covering everything from transaction cost analysis, custom best execution policies and liquidity management, as well as business-user friendly tools for reporting and analytics.

The API integration delivers FX data and pre-built analytics directly into the FlexTRADER EMS Order Blotter, which allows clients to review their trading markouts, impacts, and spreads directly with liquidity providers within FlexTRADER EMS.

Tradefeedr was founded in 2018 by Balraj Bassi and Alexei Jiltsov, former Lehman Brothers executives. Together they also launched Blacktree, a macro systematic hedge fund.

In December 2020, the company raised $3 million in funding from Michael Spencer’s private investment company IPGL, NEX, and NEX CEO Seth Johnson, who is Tradefeedr’s Chairman.

Read this next

Digital Assets

Crypto.com shuts down its US institutional exchange

Crypto.com has announced plans to discontinue its institutional exchange service for professional customers in the United States as soon as June 21.

Retail FX

ThinkMarkets launches copy trading platform ‘ThinkCopy’

Melbourne-based broker, ThinkMarkets has introduced ThinkCopy, a copy trading platform that aims to provide clients with access to experienced traders and a range of social features.

Retail FX

Robinhood delists Solana, Cardano, and Polygon amid SEC’s crackdown

Commission-free brokerage Robinhood Markets announced on Friday that it would be delisting three crypto tokens from its platform. The decision comes shortly after the U.S. regulators intensified its regulatory actions against major cryptocurrency exchanges.

Digital Assets

US wants Bittrex to settle federal dues before compensating customers

The U.S. government has raised objections to Bittrex’s proposal to compensate its customers, adding to concerns about the resolution of the crypto exchange’s bankruptcy case.

Digital Assets

Binance prepares to suspend US dollar funding after SEC crackdown

Binance.US said it will temporarily suspend US dollar deposits and provided customers with a deadline to withdraw their fiat balances. This decision comes after the US Securities and Exchange Commission (SEC) filed a lawsuit requesting the freezing of Binance’s assets in the country.

Digital Assets

Januar launches real-time payments network to fill gap made by Silvergate and Signature

“To all the entrepreneurs and innovators out there is a clear message: if you are a legitimate European business working with crypto then Januar is here to provide you with the account and payment infrastructure you need to operate successfully and build the financial system of tomorrow.”

Retail FX

Exness’ active clients top 515K as monthly volume hits $3.35 trillion

FX trading volumes are climbing again as economic uncertainty spurred by recent developments over central banks’ policies encouraged speculators to pile back into the market.


Danske Bank plans signficant investment in digital platforms

“We have decided to significantly increase our investments in our digital platforms, expert advisory services and sustainability, focusing on the areas where we see the best opportunities for profitable growth.”

Digital Assets

ERD DeFi Lending Platform and USDE Stablecoin Unveiled at EDCON 2023

ERD, the Ethereum Reserve Dollar, is a decentralized lending platform and stablecoin that aims to provide a capital-efficient, decentralized, and stable solution to the challenges faced by the stablecoin industry, introducing a minimum collateralization ratio of 110% and a robust liquidation mechanism.