FX technology company, has extended its long-time partnership with Refinitiv, which allows the latter’s customers to continue to use Integral’s price engine technology.
Refinitiv’s multi-dealer platform, FXall, taps Integral’s pricing engine infrastructure to facilitate the creation and distribution of liquidity and price spot, outright and swap FX products for each of customer groups.
are used by 180 banks and over 2,300 institutional clients that make markets for foreign exchange products, including asset managers, corporations, banks, broker-dealers, and hedge funds.
Neill Penney, Co-Head of Trading at Refinitiv said, “Our renewal of this partnership reflects our long-term relationship, and puts that principle into action, benefiting FXall liquidity providers using Integral’s pricing engine technology.”
“We are pleased to be extending our partnership with Refinitiv via the FXall platform, which is recognized as a market leading multi-dealer platform,” said Harpal Sandhu, CEO of Integral.
Integral Launched the 7th Iteration of FXI
On the technology side, Integral upgraded all aspects of the technology stack for its relationship-based trading platform FX Inside (FXI).
The upgraded FX liquidity aggregation solution addresses the business needs of brokers, banks, institutional and algorithmic trading clients. Specifically, the web-based trading solution is now available through HTML5 browser and mobile devices, and it will to offer a single dealer platform (SDP) to their customers.
This actually catches up with a major shift occurring in the FX market demand for driven by customers’ need for asset class diversification, post- trade support, research and market data.
A cloud-based environment included in the solution allows for complete customization, as well as RFS and ESP trading in spot, outrights, swaps, NDFs, precious metals and CFDs.
Furthermore, Integral noted that it deployed the latest FX Inside technology within its Open Currency Exchange (), an FX ECN that connects to over 250 liquidity sources including banks, brokers and asset managers. The OTC venue supplies more than 3,000 market making streams in NY4, LD4, and TY3. Furthermore, the integration was extended to other Integral’s trading UIs including TrueFX, a prime brokerage product developed in partnership with Jefferies FXPB.
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