Refinitiv FXall makes spread data from its platform available as part of Trade Performance Analytics solution

Maria Nikolova

The analysis of overall market spreads complements an already-large suite of analytics that enable traders to quantify their spread costs.

Provider of financial markets data and infrastructure Refinitiv today announces that Refinitiv FXall has made spread data from its platform directly available to clients, as part of the Trade Performance Analytics (TPA) solution. The aim is to assist buy-side traders in navigating challenging FX market conditions in the wake of the COVID-19 crisis.

Buy-side traders on Refinitiv FXall rely on web-based and self-service trade analytics platform Trade Performance Analytics to assess their historical trading performance, quantify transaction costs, and enhance their provider selection.

Jill Sigelbaum, head of FXall, Refinitiv, explains:

“Our clients can now conduct detailed analysis of weekly spreads across Refinitiv FXall’s market-leading RFQ platform, and customize their analysis as needed to look at specific instrument types and currency pairs”.

This analysis of overall market spreads complements an already-large suite of analytics that enable traders to quantify their spread costs. Buy-side traders on Refinitiv FXall can, for instance, monitor the spreads they were quoted by their panel of liquidity providers and see how spreads widen or tighten depending on the number of providers in their panel, as well as quantify and compare the spreads quoted by specific liquidity providers.

Multi-dealer FX trading platform FXall offers clients access to deep liquidity with choice in execution, end-to-end workflow management and straight-through processing – covering the entire trade lifecycle. FXall has a client base of over 2,300 buy-side clients and more than 200 leading FX banks and alternative market makers.

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