GTX Teams Up with Ideal Prediction, Strengthening Execution Analytics

by Jeff Patterson
  • The latest partnership helps expand the group's execution analytics and risk management capabilities
GTX Teams Up with Ideal Prediction, Strengthening Execution Analytics
Bloomberg

GTX, the institutional foreign exchange (FX) arm of GAIN Capital Holdings (NYSE:GCAP), has teamed up with Ideal Prediction, helping enable a fortified offering of Transaction Cost Analysis (TCA) and advanced execution analytics capabilities for clients, according to a GTX statement.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

Ideal Prediction is an independent trading analytics and data science company – the union with GTX will look to expand on its existing FX data and advanced analytics offering. More specifically, the partnership will target execution performance and overall Risk Management for both the buy- and sell-side.

Furthermore, the collaboration between GTX and Ideal Prediction will also facilitate sell-side market participants to benchmark execution performance, as well as analyzing a wider range of client flows, and deploying more optimized and tuned risk management strategies – improved TCA strategies will also be emphasized.

The partnership builds on an existing alliance between both GTX and Ideal Prediction, which previously collaborated on an initiative to optimize client Liquidity pools and trade execution performance last March.

According to Steve Reilly, Managing Director and Global Head of Liquidity, GTX, in a statement on the partnership: “The power and applications of Ideal Prediction’s robust, flexible analytics are clear to market participants, who are using them to improve their FX trading strategies and processes.”

John Crouch

John Crouch

“From day one, Ideal Prediction’s tools gave us a deeper, more nuanced view of the complex dynamics within our ECN and we are excited to extend these benefits to clients,” he added.

“GTX’s liquidity optimization team works in deep collaboration with its clients. Enabling them with a powerful set of market data and independent analytics was a natural next step. Our partnership will empower GTX and its clients to achieve each client’s self-defined goals. We look forward to helping GTX, GTX’s clients, and the overall market,” explained John Crouch, founder and CEO of Ideal Prediction.

GTX, the institutional foreign exchange (FX) arm of GAIN Capital Holdings (NYSE:GCAP), has teamed up with Ideal Prediction, helping enable a fortified offering of Transaction Cost Analysis (TCA) and advanced execution analytics capabilities for clients, according to a GTX statement.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

Ideal Prediction is an independent trading analytics and data science company – the union with GTX will look to expand on its existing FX data and advanced analytics offering. More specifically, the partnership will target execution performance and overall Risk Management for both the buy- and sell-side.

Furthermore, the collaboration between GTX and Ideal Prediction will also facilitate sell-side market participants to benchmark execution performance, as well as analyzing a wider range of client flows, and deploying more optimized and tuned risk management strategies – improved TCA strategies will also be emphasized.

The partnership builds on an existing alliance between both GTX and Ideal Prediction, which previously collaborated on an initiative to optimize client Liquidity pools and trade execution performance last March.

According to Steve Reilly, Managing Director and Global Head of Liquidity, GTX, in a statement on the partnership: “The power and applications of Ideal Prediction’s robust, flexible analytics are clear to market participants, who are using them to improve their FX trading strategies and processes.”

John Crouch

John Crouch

“From day one, Ideal Prediction’s tools gave us a deeper, more nuanced view of the complex dynamics within our ECN and we are excited to extend these benefits to clients,” he added.

“GTX’s liquidity optimization team works in deep collaboration with its clients. Enabling them with a powerful set of market data and independent analytics was a natural next step. Our partnership will empower GTX and its clients to achieve each client’s self-defined goals. We look forward to helping GTX, GTX’s clients, and the overall market,” explained John Crouch, founder and CEO of Ideal Prediction.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
  • 5337 Articles
  • 90 Followers

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