Reactive Markets Integrates Tradefeedrs Analytics Solution
Switchboard clients can opt-in to see their post-trade data streaming to Tradefeedr.
Reactive Markets, which provides cross-asset trading and price streaming network, announced on Monday about its strategic partnership with Tradefeedr, an independent data and analytics provider.
Reactive Markets has already integrated the services of Tradefeedr into Switchboard, which is its liquidity network for both forex and cryptocurrencies.
The partnership will particularly benefit Switchboard clients who can choose crypto and forex post-trade data to automatically stream to Tradefeedr. Additionally, the integration is live, meaning clients can opt-in to see their post-trade data streaming from Switchboard to Tradefeedr.
“By working with Tradefeedr we are able to offer clients market-leading and complimentary services for trading and data analytics in Crypto and FX asset classes,” Phil Morris, the CEO of Reactive Markets, said in a statement.
“We continue to attract new clients to Switchboard, as firms look to improve their execution , and we expect our strategic partnership with Tradefeedr to accelerate growth for both firms.”
Growing Demand for Trade Analytics
Meanwhile, Tradefeedr is witnessing a growing demand for its analytics services. Moreover, the company launched a forex data and analytics platform earlier this year with a wide network of both sell-side and buy-side firms. According to the company, it has already onboarded more than 15 leading sell-side and 20 major buy-side firms with another 20 in the pipeline.
“There is a great deal of synergy between Reactive Markets and Tradefeedr,” added Balraj Bassi, the Co-Founder of Tradefeedr. “Both offer best-of-breed specialist services, both are open platforms designed to improve trading for all market participants, and both have zero fees for buy-side clients.”
“As the market continues to move towards an unbundling of services, this partnership simplifies client access to the leading platforms for Crypto and FX trading and analytics.”
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