LONDON and NEW YORK, March 17,
2019 /PRNewswire/ -- EBS, a leading provider of
electronic trading platforms and technology services in foreign
exchange markets, today announced it will launch a new API
streaming service on the EBS Quant Analytics platform
(previously known as NEX Quant Analytics), the FX market's largest
and most comprehensive community-based analytics tool.
The new functionality is expected to launch in the second
quarter of 2019 and will stream trade information, market impact
and alpha calculations on a trade-by-trade basis to clients. Using
benchmark data taken from the entire EBS ecosystem, the Quant
Analytics platform provides insights that allow clients to analyze
trade flows, optimize execution efficiencies and benchmark their
performance against the EBS community, including statistics on
averages for like trades.
"There's currently nothing like this in the marketplace, and
that's exciting not only for us, but for the entire EBS community.
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,"
said Seth Johnson, CEO, Cash
Markets, CME Group.
"As trades occur, the real-time analysis of spreads, market
share, hold times and post-trade mark-outs across the EBS community
will be invaluable in improving our trade execution performance on
a day-to-day basis," said Giovanni
Pillitteri, Head of eFX Market Making, HC Technologies.
API streaming will be available to all EBS clients that trade
via EBS Direct and EBS Market. The new functionality will initially
apply to outbound analytics of EBS trades only but will extend to
an inbound service where clients can upload external trades to the
Quant Analytics platform later in 2019.
EBS is a part of CME Group. As the world's leading and most
diverse derivatives marketplace, CME Group (www.cmegroup.com)
enables clients to trade futures, options, cash and OTC markets,
optimize portfolios, and analyze data – empowering market
participants worldwide to efficiently manage risk and capture
opportunities. CME Group exchanges offer the widest range of global
benchmark products across all major asset classes based on interest
rates, equity indexes, foreign exchange, energy, agricultural
products and metals. The company offers futures and options
on futures trading through the CME Globex® platform, fixed income
trading via BrokerTec and foreign exchange trading on the EBS
platform. In addition, it operates one of the world's leading
central counterparty clearing providers, CME Clearing. With a
range of pre- and post-trade products and services underpinning the
entire lifecycle of a trade, CME Group also offers optimization and
reconciliation services through TriOptima, and trade processing
services through Traiana.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board
of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. BrokerTec, EBS, TriOptima, and Traiana are
trademarks of BrokerTec Europe LTD, EBS Group LTD, TriOptima AB,
and Traiana, Inc., respectively. Dow Jones, Dow Jones
Industrial Average, S&P 500 and S&P are service and/or
trademarks of Dow Jones Trademark Holdings LLC, Standard &
Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as
the case may be, and have been licensed for use by Chicago
Mercantile Exchange Inc. All other trademarks are the
property of their respective owners.
CME-G
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SOURCE CME Group