The solution leverages Refinitiv’s vast FX trading data to provide insights into trade execution performance
New York – Refinitiv has formally launched Trade Performance Analytics, the new analytics solution for users of FXall.
Trade Performance Analytics empowers users to assess the quality of their historical execution, conduct like-for-like comparisons of liquidity providers, as well as make better-informed trade planning decisions. Leveraging highly-interactive data visualization technology, this comprehensive analytics solution offers several analytics views that are available for immediate use, with the ability for users to customize their analysis using a wide range of filters.
As regulation and heightened conduct standards are driving market participants to pay closer attention to their FX execution, Trade Performance Analytics brings a greater level of transparency, and significantly enhances participants’ best execution process by generating actionable insights on how to improve execution performance.
“We developed Trade Performance Analytics to help FXall users gain a better understanding of the transaction costs they incur during the normal course of their daily trading, and enable them to have more meaningful conversations about pricing with their liquidity providers,” said Jill Sigelbaum, Head of FXall. “Trade Performance Analytics differentiates itself by utilizing Refinitiv’s powerful FX data to deliver a comprehensive analytics solution that is seamlessly tied to the trading workflow.”
As the leading multibank 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 transaction lifecycle. FXall has a client base of over 2,300 clients and 180 leading FX banks and alternative market makers. Initially launched for FXall users only, Trade Performance Analytics will be enhanced to cover other Refinitv trading venues. Refinitiv FX platforms currently average approximately $425 billion a day in trading volumes.