Reactive Markets, provider of Switchboard, the cutting-edge cross-asset trading and price streaming network, has formed a strategic partnership with Tradefeedr, the leading independent data and analytics provider.
Under the partnership Switchboard clients can choose for their Crypto and FX post-trade data to automatically stream to Tradefeedr. The new service is live and fully integrated with Switchboard, meaning that clients who opt-in will see their post-trade data streaming from Switchboard to Tradefeedr within minutes.
Switchboard is the first open and transparent liquidity network for Crypto and FX trading, where clients can trade on a fully disclosed basis with their relationship LPs at no cost, connecting via a single high performance API or front end trader desktop.
Tradefeedr has created a common, truly independent trading database, which allows the sell-side, buy-side, regional banks, hedge funds, brokers, and central banks to connect, analyse their trading data, and collaborate. In June 2021, Tradefeedr launched its ground-breaking data analytics platform with more than 15 leading sell-side and 20 major buy-side firms onboarding and another 20 in the pipeline.
“By working with Tradefeedr we are able to offer clients market-leading and complementary services for trading and data analytics in Crypto and FX asset classes,” said Phil Morris, CEO of Reactive Markets. “We continue to attract new clients to Switchboard, as firms look to improve their execution, and we expect our strategic partnership with Tradefeedr to accelerate growth for both firms.”
“There is a great deal of synergy between Reactive Markets and Tradefeedr. Both offer best-of-breed specialist services, both are open platforms designed to improve trading for all market participants, and both have zero fees for buy-side clients,” said Balraj Bassi, Co-Founder of Tradefeedr. “As the market continues to move towards an unbundling of services, this partnership simplifies client access to the leading platforms for Crypto and FX trading and analytics.”