FastMatch’s consolidated central market data product FX Tape, making pre- and post-trade benchmarking possible for the first time, was made available on the QuantHouse API Ecosystem store.
QuantHouse, the leading independent global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform, and infrastructure solutions, has opened its doors to Euronext’s FastMatch FX Tape as part of the QuantFeed product that normalizes and disseminates market data for more than 140 feeds.
Delivering a reference point for executed trades in the spot FX market, FX Tape provides post-trade transparency in one of the largest asset classes in the world by including transactions from a wide variety of market participants and sources, such as FastMatch’s ECN.
Pierre Feligioni, CEO and Co-founder at QuantHouse, commented: “Whether you sit on the buy-side or sell-side, anyone who trades FX will benefit from being able to access the FastMatch FX tape. We commend FastMatch for looking to create the first consolidated tape for the FX market and are delighted to be able to help expand their reach through our API global community of users.”
Kevin Wolf, Chief Executive Officer at FastMatch, said: “FastMatch’s FX Tape makes post-trade information for the spot market accessible to everyone as we deliver transaction information from a broad range of sources. FastMatch experienced heightened interest in the FX Tape recently from several Central Banks following the January 2019 USDJPY flash crash which validates the value of an independent reference point in the market. We anticipate that QuantHouse will act as a complementary channel for those wishing to access the FX Tape in addition to our suite of Spot FX Market Data products.”