City Index Implements Velocimetrics' Ultra Fast FX Pricing and Monitoring Solution
- Employing both network and application monitoring techniques, to eliminate blind spots, City Index has gained complete visibility and highly accurate latency metrics across the entire price production process.
Velocimetrics, a provider of real-time business performance monitoring and analysis solutions to the global financial community, announced today that City Index has implemented Velocimetrics's solution to assure the delivery of "ultra-fast and high quality" FX pricing.
The new solution provides City Index with the ability to instantly detect the emergence of latency and issues occurring with the aggregation of data used to calculate prices, enhancing the quality of service City Index offers across the different FX instruments it prices.
City Index is a UK-based spread betting, CFDs and FX broker. In October the British broker was sold to US based Gain Capital (NYSE:GCAP) for $118 million by Michael Spencer.
The firm explains that this insight enables the business to trace the formulation of tradable quantities, such as particular currency pairs; from the moment encrypted data is received, from multiple OTC 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, right up to the point that prices are distributed out to clients.
City Index reportedly now can also instantly pinpoint possible time delays and tune their systems to ensure they can react even faster to changing market conditions and continue to deliver accurate pricing.
Commenting on the recent implementation, Gautam Dixit, Head of Pricing and Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term at City Index stated: "Providing low latency, accurate pricing is essential and Velocimetrics has played an instrumental role in helping us to confidently deliver even faster pricing."
Steve Colwill, CEO at Velocimetrics added: "Market needs are evolving, users want to understand, in business meaningful terms, the effect that latency may be having on clients, prices and trades. In today’s automated trading environment the ability to effectively control the quality of the data being used to generate tradable prices and how the wider business is being impacted by delays in the price production process, is fundamental to effectively managing issues when delays occur."
Velocimetrics, a provider of real-time business performance monitoring and analysis solutions to the global financial community, announced today that City Index has implemented Velocimetrics's solution to assure the delivery of "ultra-fast and high quality" FX pricing.
The new solution provides City Index with the ability to instantly detect the emergence of latency and issues occurring with the aggregation of data used to calculate prices, enhancing the quality of service City Index offers across the different FX instruments it prices.
City Index is a UK-based spread betting, CFDs and FX broker. In October the British broker was sold to US based Gain Capital (NYSE:GCAP) for $118 million by Michael Spencer.
The firm explains that this insight enables the business to trace the formulation of tradable quantities, such as particular currency pairs; from the moment encrypted data is received, from multiple OTC 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, right up to the point that prices are distributed out to clients.
City Index reportedly now can also instantly pinpoint possible time delays and tune their systems to ensure they can react even faster to changing market conditions and continue to deliver accurate pricing.
Commenting on the recent implementation, Gautam Dixit, Head of Pricing and Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term at City Index stated: "Providing low latency, accurate pricing is essential and Velocimetrics has played an instrumental role in helping us to confidently deliver even faster pricing."
Steve Colwill, CEO at Velocimetrics added: "Market needs are evolving, users want to understand, in business meaningful terms, the effect that latency may be having on clients, prices and trades. In today’s automated trading environment the ability to effectively control the quality of the data being used to generate tradable prices and how the wider business is being impacted by delays in the price production process, is fundamental to effectively managing issues when delays occur."