ITG Announces Completion of TCA Integration with FX Connect

ITG, an independent execution broker and financial technology provider, and FX Connect, State Street Global Market’s end-to end multi-bank foreign exchange platform, have announced that ITG TCA for FX is now integrated with the FX Connect Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term.

The news comes just a week after ITG announced it had implemented its Volume Participation Forecaster App, a new online resource for market volumes which enables crisper forecasting methods for market participants.

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As one of the leading institutional FX platforms, FX Connect connects over 500 customers with over 65 Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers and execution in more than 300 currency pairs.

ITG TCA for FX leverages the industry’s most comprehensive data set and seamless integration in order for clients to easily receive robust reporting and bespoke consulting without impacting on their IT staff.

Accurate FX trading data is the foundation of effective FX TCA analysis.

Institutional investors can now use FX Connect and ITG TCA for FX to measure and analyse their FX trading, demonstrating best execution in the evolving global Foreign Exchange OTC marketplace.

ITG TCA for FX combines Dealer, ECN and interbank market sources to provide a rich analysis covering Spot, Forward, Swap, NDF and NDS transactions.

Ian Domowitz, Managing Director and Head of Analytics at ITG commented, “Accurate FX trading data is the foundation of effective FX TCA analysis. The seamless integration of a client’s data from FX Connect to ITG TCA combines our deep FX analysis capabilities with robust data from the best-in-class platform for complex foreign exchange workflows. This creates an easy to use, powerful and flexible solution for institutional traders”.