Technology

The best-in-class FX trading technology platform that delivers superior customer experiencePowerful technology solutions for the global FX marketplace in a single sign-on, cloud-based environment

Liquidity Aggregation​

• Low latency FX price streams from banks, non-banks, inter-dealer brokers and ECNs
• Streaming spot, forwards, swaps, NDFs, metals and options
• All products also available via RFS

Model-driven Trading Strategies

• Back-test trading models from low to high frequency strategy
• Export comprehensive post-trade data sets for easy analysis

Optimising Execution

• Multiple order types
• Supports all tradeable CCY pairs
• Feature-rich GUI tailored to clients’ needs
• Point-to-point FIX sessions allow each liquidity provider to uniquely configure prices based on a specific event

Hosted Solution

• Market leading graphical user interface (GUI)
• Fast deployment
• Cloud-based software-as-a-service (SaaS)
• Built-in disaster recovery (DR)
• No IT infrastructure required
• Global data centers
  (London, New York, Singapore, Hong Kong, Tokyo 
and Paris)

Multiple Client Interfaces

• Market leading GUI
• HTML5 web version
• Excel spreadsheet environment for strategy trading
• Low latency FIX API trading
• Autoroute® enables automated, rule-based execution
• Mobile App

Risk and Compliance

• Pre-trade allocations and credit check
• Enforcement of broker restrictions
• Customisable trading limits
• Real-time fund and entity creation tool, managed by the customer
• Limits and alerts per CCY, broker, account, product, deal type and trader
• Automatically triggered emails at specific thresholds

Workflow Solutions

• Integration with leading order management systems (OMS), enabling seamless order staging and real-time straight-through-processing (STP)

Global Support

• 24-hour, 6-day a week customer support
• Providing regional insights into local market practices

Data & Analytics

• Our class-leading Data & Analytics product suite offers a crucial feedback loop that enables a user to create pre-trade predictive models, in-trade benchmarking and post-trade synopses.

Data

BidFX Composite

• Spot, Forward and NDFs
• More than 60 currency pairs
  G10, EM
• Native and crosses
• All standard tenors
• Multiple quantities at each tenor
• Created from firm, tradeable market pricing
• Confidence levels for each price
• REST API or file delivery

Client Tick Collection

• Collection and cloud storage of client-specific dedicated liquidity provider streams
• Spots, Forwards and NDFs
• Any currency pair and standard tenor can be requested
• REST API and GUI

Analytics

Liquidity Provision Analytics (LPA)

BidFX first coined the phrase Liquidity Provision Analytics in 2021 and is proud to be the main driver in this space.

• Compare liquidity provider pricing
• Detect skews from LPs
• Optimize execution time
• Provide feedback to counterparties by exporting analytics
• Top of book analysis
• Analytics every second
• Independent Benchmark (BidFX Composite) available for price comparisons

Advanced Transaction Cost Analytics (TCA)

In-depth analysis of trading performance versus unbiased proprietary price feeds, using a standard set of industry accepted benchmarks.

• Multiple Benchmarks
• Cost Attributions
• Real-time & Historical
• Market Impact Analysis
• Intra and Post TCA

Execution

Tools

• Auto-router
• Algo wheel
• Liquidity management
• Shaping & netting