Refinitv Launches Trade Performance Analytics

Refinitiv, formerly the Financial and Risk business of Thomson Reuters, has formally the new analytics solution for users of FXall: Trade Performance Analytics. The solution is designed to empower users to assess the quality of their historical execution, conduct like-for-like comparisons of liquidity providers, as well as make better-informed trade planning decisions.

The highly-interactive data visualization technology of Trade Performance Analytics allows users to explore several analytics views with the ability to customize their analysis using a wide range of filters.

FXall is a foreign exchange aggregator providing electronic trading in the foreign exchange market to institutional clients using straight through processing. Regulation and heightened conduct standards are driving market participants to pay closer attention to their FX execution and the new analytics solution brings a greater level of transparency, significantly enhancing participants’ best execution process by generating actionable insights on how to improve execution performance.

Jill Sigelbaum, Head of FXall at Refinitiv
Jill Sigelbaum

Jill Sigelbaum, Head of FXall at Refinitiv, commented: “We developed Trade Performance Analytics to help FXall users gain a better understanding of the transaction costs they incur during the normal course of their daily trading, and enable them to have more meaningful conversations about pricing with their liquidity providers. Trade Performance Analytics differentiates itself by utilizing Refinitiv’s powerful FX data to deliver a comprehensive analytics solution that is seamlessly tied to the trading workflow.”

Offering deep liquidity with choice in execution, end-to-end workflow management and straight-through processing, FXall has a client base of over 2,300 clients and 180 leading FX banks and alternative market makers.

Refinitiv’s Trade Performance Analytics was initially launched for FXall users only, but will soon be enhanced to cover other Refinitv trading venues, which currently average approximately $425 billion a day in FX trading volumes.

In late November 2018, Refinitiv boosted its already wide portfolio by starting to source Thai baht and Thai Baht Offshore data from its Matching platform which is Refinitiv’s anonymous central limit order book, effectively enhancing Thai Baht FX benchmarks.
In mid-2018, former FXall CEO Phil Weisberg joined oneZero, the provider of low-latency software for foreign exchange, commodities, crypto-currency and futures trading. Weisberg was appointed Strategic Advisor to better support institutional market participants.