Tradefeedr, LSEG FX, Plan Data Partnership

Tradefeedr and LSEG FX has unveiled plans for a “strategic partnership” to integrate Tradefeedr’s data APIs within the LSEG FX’ FXall platform and its workflow tool Workspace.

The firms say the partnership will enable “a new standard” for automated FX trading by linking decision-making and execution workflows and facilitating data-driven dialogue between sell-side liquidity providers and the asset managers, hedge funds and corporates that transact over LSEG’s network.

The initial scope of the partnership intends to cover a range of areas, including pre-trade decision support for LSEG FX buyside and corporate customers; liquidity optimisation and reporting for the platform’s bank and broker customers; and delivery of Tradefeedr analytics integrated within Workspace.

“We see our partnership with LSEG FX as a pivotal moment for Tradefeedr,” says Balraj Bassi, CEO and co-founder of Tradefeedr. “LSEG FX is the leading infrastructure provider in the FX market, and this partnership will bring great value to all clients as integrations go live. As our open APIs gain market traction, they are becoming the new standard for trading analysis, decision support and buy-side to sell-side collaboration. This partnership will enable us to bring new clients and liquidity providers to the Tradefeedr network, which will drive the interoperability of data and standards, enhance market transparency, and further improve FX analytics for the benefit of all participants.”

Dean Berry, group head of workflows at LSEG, adds, “Tradefeedr will be a welcome addition to the LSEG Workspace and LSEG FX ecosystems. By bringing together LSEG Workspace, FXall, and Tradefeedr, we aim to deliver another key element in our strategy to empower customers with data, analytics, and workflows across the trade lifecycle. We look forward to delivering the planned solutions with Tradefeedr in FX, and to exploring further collaboration across our services in the future.”