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ITG Completes TCA Integration with FX Connect

Written by John D'Antona | Oct 4, 2016 3:32:12 PM
 
 

GLOBE NEWSWIRE – NEW YORK – ITG (NYSE:ITG), a leading independent broker and financial technology provider, and FX Connect, State Street Global Market’s end-to end, multi-bank foreign exchange platform, announced today that ITG TCA® for FX is now integrated with the FX Connect trading platform.

Institutional investors can now use FX Connect and ITG TCA for FX to measure and analyze their FX trading to demonstrate best execution in the evolving global Foreign Exchange OTC marketplace. ITG TCA for FX combines Dealer, ECN and interbank market sources to provide a rich analysis covering Spot, Forward, Swap, NDF and NDS transactions.

“Accurate FX trading data is the foundation of effective FX TCA analysis. The seamless integration of a client’s data from FX Connect to ITG TCA combines our deep FX analysis capabilities with robust data from the best-in-class platform for complex foreign exchange workflows. This creates an easy to use, powerful and flexible solution for institutional traders,” said Ian Domowitz, Managing Director and Head of Analytics at ITG.

FX Connect is one of the leading institutional FX platforms, connecting more than 500+ customers with over 65 liquidity providers and execution in more than 300 currency pairs. ITG TCA for FX leverages the industry’s most comprehensive data set and seamless integration, so clients easily receive robust reporting and bespoke consulting, without impacting their IT staff.