CFH Clearing, the liquidity provider and Prime of Prime brokerage of the TradeTech Group, announced this Monday that it has enhanced its multi-asset liquidity offering by adding new data analytics tools.
The analytics tools have been developed in-house by the Prime of Prime broker. In particular, the data analytics tools have allowed the firm to improve pricing and execution across foreign exchange (forex), precious metals, base metals, and contracts for differences (CFDs).
According to the statement, the data tools have been developed as part of CFH’s increased focus on collaborative liquidity management. The aim of the tools is to allow its clients to make more informed liquidity decisions, with the help of data.
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Commenting on the new tools, Andy Biggs, Head of Liquidity at CFH Clearing, said: “CFH has built an impressive in-house analytics system which has helped us to improve pricing and execution across FX, precious metals, base metals and CFDs.”
“We have been able to make data driven decisions to provide sustainable liquidity to any and all types of flow and to provide the best liquidity possible for all types of flow. The data we collect from each broker and LP enables us to create meaningful data-driven liquidity reports and a clear overall picture about their flow.”
CFH Clearing at the FMLS2019
Andy Biggs will be speaking on the liquidity panel, ‘Beyond Liquidity: The Good, the Bad and The Must Know’ at the Finance Magnates London Summit on November 13, 2019. Furthermore, members of the CFH Clearing team will be at the London Summit in their own booth and can provide further information about the firm’s multi-asset liquidity offering.
“We are now providing clients with this information in order to have more meaningful, transparent, data-driven discussions with them, such as how we can improve their flow type or whether to segregate certain types of flow, ultimately with the aim of improving their pricing and execution,” Biggs continued.