oneZero Financial Systems, a multi-asset enterprise trading technology solutions provider, has announced the integration of New Change FX benchmark data feeds into its Data Source analytics suite. The addition of this independent FX reference data stream will provide oneZero clients with enhanced tools to improve their trading performance and reporting capabilities.

oneZero Announces Integration of New Change FX Benchmark Data Feeds

New Change FX is an independent provider of continuous, officially regulated benchmark FX rates, aggregated from data across the global market. Authorized as a benchmark administrator by the UK's Financial Conduct Authority since 2018, New Change FX operates independently from liquidity providers Liquidity Providers A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on Read this Term and trading venues.

"Empowering our clients with transparency throughout the trade lifecycle is a core focus for oneZero as a market-neutral technology provider," said Andrew Ralich, the CEO and Co-Founder of oneZero.

The integration of New Change FX data feeds is part of oneZero's ongoing efforts to expand the capabilities of its trading technology platform. In December 2023, the CEO outlined four key themes for the company in 2024: improved bank technology, data quality for AI applications, extracting more value from order flow, and providing trusted 24/7 service.

"The integration with New Change FX showcases how our flexible data framework allows clients to easily access value-added services from our network of data partners, complementing the industry-leading analytics capabilities within our Data Source product,” Ralich added.

oneZero has partnered with New Change FX to integrate their benchmark data feeds into oneZero’s suite of analytics in Data Source. The addition of this new stream will enable clients to further enhance their trading performance. Read more here: https://t.co/flPt2wokOy pic.twitter.com/WSlyj3dNsy

— oneZero Financial Systems (@oneZeroFS) April 18, 2024

Looking ahead, oneZero plans to engage clients on topics, such as systematic hedging and operating proprietary trading alongside brokerage businesses. The company is additionally preparing to assist clients in adapting to upcoming changes in US securities settlement cycles, which may impact FX liquidity conditions when the shift to T+1 settlement occurs in May 2024.

"The combination of New Change FX's benchmark data with oneZero's powerful Data Source Insights analytics takes client capabilities to a new level,” Paul Lambert, the CEO of New Change FX, commented. “We share oneZero's view that independent data is crucial for objective price measurement and enhancing trading outcomes, as FX analytics become increasingly important in liquidity management."

New Partnerships and Promotions

oneZero Financial Systems has made significant strides in both partnerships and internal promotions, enhancing its global footprint and operational leadership. Last month, it enhanced its collaboration with TRAction, a specialist in regulatory reporting solutions. This partnership is focused on simplifying the complexities of trade reporting compliance, marking a significant upgrade to their existing integration.

Simultaneously, oneZero Financial Systems strengthened its alliance with Finalto Asia to boost 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 offerings for trading customers throughout the Asia-Pacific region.

Meanwhile, Nikolas Aresti has stepped into a pivotal role within the company as Director of Operations for US/UK. His journey with oneZero Financial Systems started over six years ago in Limassol, Cyprus, where he began as an Operations Engineer. Throughout his tenure, Aresti has ascended through various roles, culminating in a leadership position.