FairXchange Adds 24 Exchange to Client Roster
Posted by Colin Lambert. Last updated: November 17, 2021
Just a week after announcing 360T as a client; data and analytics firm FairXchange has unveiled a deal with 24 Exchange to provide independent execution analysis and data analytics.
The firm’s Horizon will analyse all relevant transaction and pricing data across the 24 Exchange platform in order to facilitate mutually profitable data-driven discussions with its liquidity providers and liquidity consumers.
“We are very pleased to be joining with the data analytics experts at FairXchange,” says Dmitri Galinov, 24 Exchange CEO and founder. “The real-time insights and information the company’s Horizon product provides will enhance 24X’s ability to assess performance and improve the efficiency of our robust institutional-grade platform.”
Guy Hopkins, founder & CEO, FairXchange, adds, “24 Exchange is an exciting new entrant to the market, with an impressive multi-asset platform and a highly experienced team. We are delighted to have been selected to provide them with accessible, independent performance data in order to optimise execution and deliver commercial benefits for all counterparties. FairXchange has been appointed as FX data experts but our partnership with 24 Exchange can be expanded into new instruments and asset classes in the future.”