Curex Group Inks Take care of Siemens Group

by Cryptospacey

The Cürex Group, a New York Metropolis-based institutional international alternate  execution  companies and information analytics firm, mentioned on Wednesday that it reached an settlement with Siemens to supply it with superior pre- and post-trade information analytics by Cürex’s Cipher platform.

In response to the press launch, Siemens and Cürex have maintained an FX buying and selling relationship since Cürex launched its FTSE Russell/Cürex FX Benchmarks. In mid-2021, Cürex launched Cipher. Along with complete pre- and post-trade analytics, Cipher additionally presents real-time analytics to clients who execute their algo trades inside Cürex’s liquidity pool. Cipher’s pre-trade suite contains commerce value estimators, danger switch value comparisons, and streaming volatility evaluation, amongst different options.

FX Buying and selling in Cipher

By Cipher’s post-trade TCA, clients can measure relative financial institution algo efficiency primarily based on Cürex’s independently derived benchmarks, danger switch comparability,  slippage  , and efficiency towards the market’s current situations on the time of the consumer’s buying and selling resolution. FX buying and selling efficiency might be improved by Cipher’s potential to hyperlink post-trade outcomes with pre-trade situations.

“Siemens is a complicated and valued consumer. They’ve supported our efforts to enhance the purchase facet’s buying and selling outcomes in a market the place there may be minimal help to attain such outcomes. Their resolution to make use of Cipher underscores the worth of Cipher’s streaming analytical content material. Our information drives higher insights in comparison with the alternate options obtainable by different suppliers. We’re grateful for Siemens’ endorsement of our platform and our greatest execution efforts,” James Singleton, Chairman and CEO of Cürex, commented.

Furthermore, Peter Rathgeb, Group Treasurer for Siemens, added: “In at present’s fast-changing setting, digitalization and interdisciplinary collaboration are key drivers of innovation and enterprise success. Our longstanding partnership with Cürex led to the event of a novel and unbiased buying and selling analytics platform that may assist us monitor and obtain finest execution protocols and additional transparency in our FX buying and selling actions. We’re happy to proceed to construct our relationship with Cürex and help their efforts to enhance buying and selling outcomes for the purchase facet.”

The Cürex Group, a New York Metropolis-based institutional international alternate  execution  companies and information analytics firm, mentioned on Wednesday that it reached an settlement with Siemens to supply it with superior pre- and post-trade information analytics by Cürex’s Cipher platform.

In response to the press launch, Siemens and Cürex have maintained an FX buying and selling relationship since Cürex launched its FTSE Russell/Cürex FX Benchmarks. In mid-2021, Cürex launched Cipher. Along with complete pre- and post-trade analytics, Cipher additionally presents real-time analytics to clients who execute their algo trades inside Cürex’s liquidity pool. Cipher’s pre-trade suite contains commerce value estimators, danger switch value comparisons, and streaming volatility evaluation, amongst different options.

FX Buying and selling in Cipher

By Cipher’s post-trade TCA, clients can measure relative financial institution algo efficiency primarily based on Cürex’s independently derived benchmarks, danger switch comparability,  slippage  , and efficiency towards the market’s current situations on the time of the consumer’s buying and selling resolution. FX buying and selling efficiency might be improved by Cipher’s potential to hyperlink post-trade outcomes with pre-trade situations.

“Siemens is a complicated and valued consumer. They’ve supported our efforts to enhance the purchase facet’s buying and selling outcomes in a market the place there may be minimal help to attain such outcomes. Their resolution to make use of Cipher underscores the worth of Cipher’s streaming analytical content material. Our information drives higher insights in comparison with the alternate options obtainable by different suppliers. We’re grateful for Siemens’ endorsement of our platform and our greatest execution efforts,” James Singleton, Chairman and CEO of Cürex, commented.

Furthermore, Peter Rathgeb, Group Treasurer for Siemens, added: “In at present’s fast-changing setting, digitalization and interdisciplinary collaboration are key drivers of innovation and enterprise success. Our longstanding partnership with Cürex led to the event of a novel and unbiased buying and selling analytics platform that may assist us monitor and obtain finest execution protocols and additional transparency in our FX buying and selling actions. We’re happy to proceed to construct our relationship with Cürex and help their efforts to enhance buying and selling outcomes for the purchase facet.”

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