ITG Introduces FX Trading Index App Providing Liquidity Costs for 20 Currency Pairs

ITG, a trade execution and research broker for several asset classes, has launched a new FX Trading Cost Index app which helps provide 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 costs of 20 currency pairs for traders and portfolio managers, according to an ITG statement.

ITG has been at the forefront of FX technology in 2014 – earlier this year unveiling a mobile trading app for clients that also helped quantify liquidity costs. However, the inception of the new app now details the average liquidity cost for 20 of the most common currency pairs.

According to Ian Domowitz, ITG Managing Director and Head of 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, in a recent statement on the launch, “The ITG FX Trading Cost Index Application is the first of its kind in the foreign exchange space, leveraging the power of ITG’s industry-leading FX transaction cost database. The app is a free and easily accessible reference tool for investors who want to quickly check estimated FX trading costs.”

The FX Trading Cost Index app is updated daily and is designed to provide dealers and ECN calculations and analytics from a pool of data – its fundamental purpose is to give FX traders and portfolio managers a more streamlined perspective of the shifting costs of liquidity and volatility.