Chronicle Software Adds Reactive Markets
Posted by Colin Lambert. Last updated: July 20, 2021
Chronicle Software has expanded its FIX connectively by partnering with Reactive Markets.
The partnership means Chronicle can now offer its clients out of the box integration with the Reactive Markets institutional trading network, Switchboard, which provides fully disclosed pricing from FX and cryptocurrency OTC liquidity providers. Liquidity providers using Chronicle FIX can scale their distribution through Switchboard by pricing to any taker on the network.
EBS Live Ultra and Refinitiv SBE connectivity are already available through the Chronicle FIX API.
“We continue to see escalating growth in FX, including cryptocurrencies, with the shift to more institutional trading and resultant requirement for robust trading software with reduced total cost of ownership,” says Peter Lawrey, CEO of Chronicle Software.”
Phil Morris, CEO of Reactive Markets, adds, “There is zero fee for liquidity takers on Switchboard so coupling the Chronicle FIX platform with our institutional trading network is a highly cost effective way for clients to trade.”