CME Group’s EBS, and technology services in the foreign exchange (forex) markets, announced on Sunday that it will launch a new API streaming service on the EBS Quant Analytics platform, the first streaming service for the FX market.
The API streaming service, which is expected to launch in the second quarter of this year, will stream trade information, market impact and alpha calculations on a trade-by-trade basis to its customers, the statement said.
The Quant Analytics platform, previously known as , is a community-based analytics tool which gives clients access to real-time, historical and end-of-day analysis of FX data.
The platform also provides insights which allow users to analyse trade flows, optimise execution efficiency as well as benchmark their performance against the whole community.
EBS to Launch First API Streaming Service for FX Market
Source: LinkedIn
“The new API streaming service means that EBS clients can analyze their individual and relative performance more efficiently than ever before by consuming the data in real-time and in their own environments, ultimately helping them grow volumes and revenues.”
Available to all clients who trade via EBS Direct and EBS Market, the API streaming will initially only cover outbound analytics of trades. However, the functionality’s capabilities will extend later this year, to also include an inbound service where customers can upload external trades to the Quant Analytics platform.
Source: LinkedIn
Be First to Comment