Tradefeedr and FactSet Team Up for FX Analytics

Tradefeedr and FactSet have entered into an agreement providing the latter’s clients with access to Tradefeedr’s suite of FX analytical services.

The agreement will also see Tradefeedr’s new pre-trade decision making service made available from within FactSet’s EMS, Portware. This will provide Portware users with data to help them select execution style, LP panel and, if an algo, what strategy to deploy.

“This collaboration with FactSet automatically provides clients with a cohesive and transparent view of trading data, enabling more astute decision-making,” says Balraj Bassi, CEO and co-founder of Tradefeedr. “Our network of clients, LPs, venues and EMS partners continues to grow, meaning that the Tradefeedr APIs are fast becoming the new standard for trading analysis, decision support and buy-side to sell-side collaboration. This connection enables us to bring new asset manager clients to the Tradefeedr network, which will enhance market transparency, and further improve FX analytics for the benefit of all participants.”

John Marchese, head of FX EMS sales at FactSet, adds, “Our clients are increasingly demanding advanced FX analytics, to inform their decisions and improve trading outcomes. Integrating Tradefeedr’s API into our EMS will inform pre-trade decision-making about the execution of particular trades, providing high levels of automation and data-driven recommendations based on data.”