Euronext’s FastMatch FX Tape® product now available globally to all QuantHouse API users

Delivering increased market transparency and benchmarking capabilities

London, 27 February 2019: QuantHouse, the leading independent global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure solutions, today announced that the FastMatch consolidated central market data product, the FX Tape®, is available on the QuantHouse API Ecosystem store.

Euronext’s FastMatch FX Tape is the only consolidated FX tape available in the market, making pre- and post-trade benchmarking possible for the first time. The FX Tape includes transactions from a wide variety of market participants and sources, including FastMatch’s ECN, delivering a reference point for executed trades in the spot FX market.

Available globally as part of the QuantFeed product that normalises and disseminates market data for more than 140 feeds, FastMatch’s FX Tape product provides much needed post-trade transparency in one of the largest asset classes in the world. More than 300+ buy-side firms and investment banks are connected to the QuantHouse API Ecosystem using solutions provided by buy and sell-side firms, execution venues and technology partners via a single managed QuantHouse API. As QuantHouse manages the API, customers can access services quickly and efficiently, simply by ‘plugging-in’.

Pierre Feligioni, CEO and Co-founder, QuantHouse, said: “Whether you sit on the buy-side or sell-side, anyone who trades FX will benefit from being able to access the FastMatch FX tape. We commend FastMatch for looking to create the first consolidated tape for the FX market and are delighted to be able to help expand their reach through our API global community of users.”

Kevin Wolf, CEO, FastMatch, comments: “FastMatch’s FX Tape makes post-trade information for the spot market accessible to everyone as we deliver transaction information from a broad range of sources. FastMatch experienced heightened interest in the FX Tape recently from several Central Banks following the January 2019 USDJPY flash crash which validates the value of an independent reference point in the market. We anticipate that QuantHouse will act as a complementary channel for those wishing to access the FX Tape in addition to our suite of Spot FX Market Data products.”

About QuantHouse

QuantHouse provides end-to-end systematic trading solutions. This includes ultra-low latency and consolidated market data solutions with QuantFEED, algo-trading development framework with QuantFACTORY and proximity hosting and order routing services with QuantLINK.

We help hedge funds, market makers, investment banks, brokers and trading venues achieve optimal trading performance, develop and integrate new trading strategies, comply with regulatory requirements, test existing and new trading infrastructure tools and rationalize operating costs.

The QuantHouse API Ecosystem store is a unique global initiative with the objective to provide the framework within which capital markets participants can quickly and easily gain access to multiple trading venues, technologies or applications through standard APIs. The QuantHouse API Ecosystem store has developed over time to what is now the largest API ecosystem community of buy- and sell-side participants, exchanges, prime brokers, trading venues, hedge funds, market makers and other financial services partners and vendors.

For more information, please visit quanthouse.com, follow us on Twitter @quanthouse or visit our LinkedIn Page.

About Euronext FastMatch

FastMatch is an Electronic Communication Network for foreign exchange trading. FastMatch strives to offer its customers access to large pools of diversified liquidity at unparalleled speed with complete transparency in the optimal location. Its award-winning technology gives FastMatch an important speed advantage and has the capability of handling thousands of clients simultaneously. Clients include retail brokers, institutions, banks, hedge funds, and proprietary trading firms. FastMatch is a company of Euronext, the leading pan-European exchange in the Eurozone.