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