Tradefeedr and MarketFactory Team Up
Ion Markets’ MarketFactory has unveiled a new partnership with data and analytics provider Tradefeedr, whose data and analytics platform is now fully integrated within MarketFactory, enabling clients to review their trading markouts, impacts, and spreads directly with liquidity providers, using a common platform and shared data sets.
Tradefeedr’s data analytics solution will be available as an add-on to new and existing customers using the MarketFactory service.
Tradefeedr has created a common, independent FX trading database allowing market participants across the sell-side, buy-side, regional banks, hedge funds, brokers, and central banks to connect, analyse their trading data, and collaborate. In June 2021, it launched its FX data analytics platform with more than 15 sell-side and 20 buy-side firms onboarding and another 20 in the pipeline.
“MarketFactory’s partnership with Tradefeedr will broaden our offering to clients, providing shared data sets through one unified platform,” says Eugene Markman, CEO of MarketFactory. “The combination of MarketFactory’s end-to-end connectivity and Tradefeedr’s unified, analysis-ready data is a compelling proposition in a market where real-time data-driven decision-making is key.”
Blaraj Bassi, co-founder of Tradefeedr, adds, “Our platform delivers significant benefits to market participants, through improving collaboration, and giving better access to trading information, providing greater transparency and trust in the market.”