Euronext FX Partners with Crux to Enhance Delivery of FX Data

Crux Informatics, a Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term-based data delivery platform, announced this week that it has partnered with Euronext FX, a leading foreign exchange (forex) ECN, to help enhance the company's market delivery of its FX Market Data.

Crux specializes in helping to connect customers with data suppliers. Under the agreement with Euronext FX, Crux will facilitate the connection of authorized data consumers to Euronext FX's market data.

Euronext FX data available to broader consumer market

Commenting on the partnership, Kevin Wolf, CEO of Euronext FX, said in the statement: "We are pleased to bring our FX Market Data to the broader consumer market, enabling academic, commercial and financial institutions that are not part of our ECN to now benefit from our datasets."

"Our agreement with Crux enables us connect with our customers on a reliable, easy-to-use and secure platform. We look forward to working with Crux to streamline our data delivery experience and delight our clients."

The Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term data can be accessed in a number of formats - Avro, CSV, and Parquet - via different delivery methods on the Crux platform. According to the statement released on Tuesday, these include via a python or REST API, FTP, AWS S3, or Snowflake.

"We are excited that Euronext FX has engaged Crux to deliver their data to a broad range of clients. Up until now, data suppliers have had to face alone the friction involved in delivering and operating data feeds for clients. Crux presents a reliable alternative to the old way of doing things and an accelerant to how suppliers conduct business," added Philip Brittan, CEO of Crux Informatics.

"Our data delivery and operations service offers 24x7 oversight of the data, and our flexible, future-proof set of data delivery channels ensures that data suppliers can get their data into their customers' hands quickly and easily. We are proud that Euronext FX puts its trust in Crux's technology, operational expertise and service excellence."