Leveraging data in e-FX trading

This increasing flow of electronic trading means more data is available for market participants to analyse the performances of their trading systems, from trade execution to liquidity provision. For this reason, many firms are choosing this time to start integrating analytics into a trading strategy.

For those that have not embarked on this journey, analytics providers can guide them through the process without adding risk to their operations. The guidance on transaction cost analysis and disclosures that was recently appended to the FX Global Code of Conduct is extremely helpful in this regard and will enable market participants to get more from their analytics.