PrimeXM Ties with Tradefeedr to Obtain Trading Data Management and Analytics

Fazzaco learned that PrimeXM, an award-winning technology provider to the global financial industry, has announced its partnership with Tradefeedr, a leading FX data analysis platform.

According to the official press release, the new partnership will enable PrimeXM’s participants to gain access to advanced trading data management and analytics in a seamless way.

“In today’s markets, trading, analytics, and collaboration with your counterparties is an essential part of the trading solution and there is a significant variation in the amount and quality of data inputs that enable users to make the best decisions. The partnership with Prime XM is a natural fit for Tradefeedr given the seamless integration with XCore tech, providing trading and market access to their institutional clients. We are excited to be working with the PrimeXM team sharing a similar ethos of value-add technology solutions to clients who are looking for advanced trading data management,” commented Alexei Jiltsov, co-founder of Tradefeedr.

“As an ultra-low latency aggregator, connectivity and OMS system, XCore technology bridges hundreds of makers and takers, processing millions of trades in our four data centers: NY4, LD4, TY3, and SG1. XCore has the ability to extract a significant amount of tick and trade data and provides to clients valuable reporting for their data-driven analytics, and we believe the Tradefeedr’s powerful data and analytics capability will be additive to the XCore Community. We are excited to work closely with Alexei and Tradefeedr team, as they deliver their sophisticated, data collaboration solution, already used by many e-FX Institutional participants that value standardized metrics and have an innovative and transparent approach for their liquidity management,” added Galin Georgiev, COO of PrimeXM.

As Fazzaco reported earlier, ​PrimeXM has issued its August 2021 trading volume report​​​, highlighting that its monthly volume topped $1 trillion for the third month in a row.