FastMatch has extended its algorithmic capabilities and transaction cost analysis to its entire subscriber base.
FastMatch, an Electronic Communications Network (ECN) for trading foreign exchange, has extended its proprietary algorithmic capabilities and transaction cost analysis (TCA) to all subscribers, part of its latest bid to extend its offering to a broader client base, according to a company statement.
FastMatch is currently one of the fastest growing ECN’s in the industry – the group’s latest product extension is reflective of a rise in the use of algorithmic execution that has become commonplace on the FX market over the past couple years.
Widening the Tent
Previously, the company had been offering algorithmic trading capabilities to asset managers through its AgencyFX product over the past year. However, amidst rising demand, FastMatch has now opted to extend its algorithmic capacities to a wider client base, also enabling the use of its TCA products and services.
The extension is important as all clients utilizing FastMatch algorithms will receive automated TCA reports upon completion of their orders, which show the algorithmic execution performance versus arrival price – additionally, users will also have access to midpoint and other benchmarks. FastMatch midpoint is calculated by the platform every millisecond and published to all market data consumers allowing them to independently verify FastMatch TCA reports.
According to Dmitri Galinov, CEO of FastMatch, Inc., in a recent statement on the algorithmic extension: “Asset managers have been successfully using FastMatch’s algorithms for over a year and a half. Now FastMatch will offer these algos to everyone. There are two significant differentiators of FastMatch algorithms versus other providers.
“First, FastMatch operates an ECN where Liquidity for algorithmic execution is customized to provide minimum spreads and minimum market impact. Second, FastMatch algorithms rely on proprietary patent-pending flexible matching logic for execution. Flexible matching is a sophisticated order routing system that prioritizes Liquidity Providers based on their price, historical fill rates, response times and market impact for every trade,” he added.
FastMatch, an Electronic Communications Network (ECN) for trading foreign exchange, has extended its proprietary algorithmic capabilities and transaction cost analysis (TCA) to all subscribers, part of its latest bid to extend its offering to a broader client base, according to a company statement.
FastMatch is currently one of the fastest growing ECN’s in the industry – the group’s latest product extension is reflective of a rise in the use of algorithmic execution that has become commonplace on the FX market over the past couple years.
Widening the Tent
Previously, the company had been offering algorithmic trading capabilities to asset managers through its AgencyFX product over the past year. However, amidst rising demand, FastMatch has now opted to extend its algorithmic capacities to a wider client base, also enabling the use of its TCA products and services.
The extension is important as all clients utilizing FastMatch algorithms will receive automated TCA reports upon completion of their orders, which show the algorithmic execution performance versus arrival price – additionally, users will also have access to midpoint and other benchmarks. FastMatch midpoint is calculated by the platform every millisecond and published to all market data consumers allowing them to independently verify FastMatch TCA reports.
According to Dmitri Galinov, CEO of FastMatch, Inc., in a recent statement on the algorithmic extension: “Asset managers have been successfully using FastMatch’s algorithms for over a year and a half. Now FastMatch will offer these algos to everyone. There are two significant differentiators of FastMatch algorithms versus other providers.
“First, FastMatch operates an ECN where Liquidity for algorithmic execution is customized to provide minimum spreads and minimum market impact. Second, FastMatch algorithms rely on proprietary patent-pending flexible matching logic for execution. Flexible matching is a sophisticated order routing system that prioritizes Liquidity Providers based on their price, historical fill rates, response times and market impact for every trade,” he added.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!