/markets

News and resources on capital markets, exchanges, trade execution and post-trade settlement.

QuantHouse welcomes MarketFactory FX platform to API Ecosystem Store

Source: QuantHouse

QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure products and part of Iress (IRE.ASX), today announced that in response to increasing demand for access to foreign exchange venues and global exchanges, MarketFactory’s API based solutions are available on the qh API Ecosystem Store.

MarketFactory provides connectivity to more than 90 currency exchanges and liquidity providers allowing both the buy and sell-side to trade the global currency markets.
The $6.6tn-a-day foreign exchange market continues to be increasingly fragmented not just in terms of markets, but also geographies and FX instruments. The MarketFactory approach to aggregation is to provide clients with access to all FX markets, instruments and locations through a single API.

The qh API Ecosystem Store brings together quant traders, products and services using API enabled trading technologies and delivers cross-selling opportunities between ecosystem participants. As a new participant, the extensive range of MarketFactory FX venues can be reached by the QuantHouse community of hedge funds and automated trading financial firms via a single API which reduces the complexity of technology integration.

Salloum Abousaleh, Managing Director - Americas, QuantHouse, said, “Adding MarketFactory to the qh API Ecosystem Store delivers access to all the asset classes a multi-asset trader requires to execute their trading strategies through a single relationship. MarketFactory brings not only access to more than 80 liquidity pools in FX, but also data sources from a majority of the market adding significant value for our community.”

Eugene Markman, COO, MarketFactory, added, “In an increasingly fragmented and electronic world we reduce the cost and complexity of integration, allowing clients to instantly access the entire FX Market. Our API-enabled business model is a natural fit with the QuantHouse approach in delivering a wide breadth of services, products and marketplaces to their end clients. MarketFactory, being an FX focused solution, significantly compliments QuantHouse’s FX coverage.”

Comments: (0)