TraditionDATA partners with Numerix for foreign exchange data and analytics*
Customers would now be able to source data from Tradition in a wide scope of FX items, including spot information from the ParFX exchanging stage, advances, swaps and NDF information from Tradition’s worldwide broking business and alternatives information from the Volbroker exchanging stage.
TraditionDATA: Partnered with Numerix*
Therefore clients can now source information from Tradition in a wide range of FX products, including spot data from the ParFX trading platform.
TraditionDATA and Numerix Announce Partnership In an Effort to Expand FX Data Coverage*
Among the mentioned products are non-deliverable forwards (NDF) data, spot data from the ParFX trading network, forwards, and swaps, among other critical variables and elements, to enjoy a more complete and resourceful trading experience.
BNPP launches hybrid NDF algos as electronic trading matures*†
While trading spot on a venue such as ParFX can cost $2 per million for spot transactions, trading NDFs on 360T’s swap execution facility comes with a price tag of €10 per million.
More Exchanges Add ‘Speed Bumps,’ Defying High-Frequency Traders*†
High-frequency trading firms are hitting a growing number of “speed bumps” around the world—the latest blow to a business that has struggled in recent years.
Tradition revamps market data to curb costs*†
Tradition’s spot FX trading business ParFX has long advocated for fairer market data pricing across the market – while not charging for market data itself. Last September, ParFX chief exec Dan Marcus highlighted that elsewhere firms without bargaining power are subject to significant market data fee hikes as providers continue to take advantage of a lack of transparency.
Bringing the Pure Concept to Digital Assets*
The creation of the FX Pure trading platform, which evolved into the ParFX model, is seen by many as a transformative event in FX markets because it halted a decline in certain trading behaviours that were seen as unhealthy and restored a balance to the market.
ICE speed bump: the road to data-driven decisions*†
However, speed bumps are not a novel concept, and are not uncommon in spot FX markets like ParFX, Thomson Reuters Matching, and EBS Market, and in cash equities markets like TSX Alpha and IEX.
ParFX - Bringing increased fairness, equality and transparency to the FX market*
Since ParFX’s inception in 2013, the company has been at the forefront of efforts to bring about change to the industry. It played a role in the development of the FX Global Code through its participation in ACI’s foreign exchange committee and was one of the first to sign up. e-Forex spoke to Roger Rutherford, Chief Operating Officer at ParFX, to discover more about the unique aspects of the platform and business model, and the steps it will be taking to continue its mission of improving trading behaviour in the FX market.
ICE speed bump: the road to data-driven decisions*†
However, speed bumps are not a novel concept, and are not uncommon in spot FX markets like ParFX, Thomson Reuters Matching, and EBS Market, and in cash equities markets like TSX Alpha and IEX.