London, Frankfurt, 25th November 2019 – big xyt, the independent provider of market data analytics is pleased to announce that it has been named as ‘Editors Choice – Outstanding TCA provider’ at The TRADE Leaders in Trading 2019 Awards.
Robin Mess, CEO at big xyt, who collected the award with Mark Montgomery, Head of Strategy and Business Development, at a ceremony in London last week commented, “We are delighted to have received this recognition as Outstanding TCA provider from the Editors at The TRADE and thank our clients and XYTView users for their support this year.”
John Brazier, Editor of The TRADE said, “Throughout the year we have
heard a lot from the buy-side about the value of TCA to their trading
processes, and big xyt was one of the names that was continuously raised
in this discourse.” He added, “The TRADE editorial team were impressed
with big xyt’s quality of service and high level of dedication to
providing the buy-side community with tools they need to achieve best
execution and deliver the best returns to clients as possible.”
big xyt solutions capture, normalise, collate, and store trade data
at a granularity that has not previously been available in the market.
Multiple delivery options include dashboard and API solutions which
allow clients to add their own proprietary data layer, including their
trade history.
Clients are able to interrogate the information in multiple ways with
an automated ad-hoc reporting facility or integrate this into their own
internal applications for analysis such as broker review, sales,
workflow optimisation as well as compliance & best execution.
big xyt TCA is complimented by Liquidity Cockpit, the market reference for T+1 market structure analysis, providing a meaningful range of market overview metrics, users can observe changes in displayed liquidity, periodic auctions, opening and closing auctions across the entire equity and ETF trading landscape in Europe. Visible metrics include value traded, market share, spreads, effective spreads and price movement for Exchanges, MTFs, dark pools and Systematic Internalisers. *** END ***
Media contact for big xyt
Melanie Budden
The Realization Group
+44 (0)7974 937 970
[email protected]
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big xyt provides independent smart data and analytics solutions to
the global trading and investment community, enabling firms to process
and normalise large data sets on demand and in real time, in order to
comply with regulatory requirements and reduce the complexity of their
operations.
The seamless and highly scalable integration of big xyt data
aggregation and consolidation capabilities allows buy-side and sell-side
firms to transform into a data-driven business while the innovative
analytics capabilities enable them to gain actionable insights, discover
alpha and maintain a competitive advantage.
Connecting quickly and easily to our cloud-based platform via APIs,
trading firms, ISVs and trading venues can use their own business logic
and data sets on our platform to leverage analytics for their business,
including liquidity measures such as market share or depth of order
book, as well as analytics around market impact. New logic can be
incorporated in as little as 24 hours.
big xyt has created an ecosystem for tick data analytics covering
more than 120 trading venues globally. Its technology normalizes trade
conditions of all venues allowing consistent aggregations of trading
volumes. big xyt’s analytics solutions are relevant for a broad range of
use cases including strategy development, back testing and regulatory
changes like MiFID II. The platform offers a convenient and interactive
user interface that allows users to discover relevant information
quickly.
Delivered as a web service, the big xyt solution requires no technical integration.
For more information visit www.big-xyt.com or follow us on Twitter @bigxyt