June 15, 2020
FXall adds analysis of market spreads to trade performance analytics
Furthering its leadership position in foreign exchange dealer-to-client trading, the FXall platform provides unique insights into market conditions.
NEW YORK / LONDON – Refinitiv FXall has made spread data from its platform directly available to clients, as part of the Trade Performance Analytics (TPA) solution, to help buy-side traders navigate challenging FX market conditions in the wake of the COVID-19 crisis.
Buy-side traders on Refinitiv FXall rely on Trade Performance Analytics, the web-based and self-service trade analytics platform, to assess their historical trading performance, quantify transaction costs, and enhance their provider selection.
“Refinitiv FXall is committed to offering market participants the data, insights and analytics they need to make better informed decisions,” said Jill Sigelbaum, head of FXall, Refinitiv. “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 example, 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.
More on how Refinitiv enables smarter FX trading decisions with FXall.
As the leading 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 over 200 leading FX banks and alternative market makers.
Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in over 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community - driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime. For more information visit: www.refinitiv.com