MarketFactory® and Elysium Technology Group Partner to Provide Seamless Back Office and API Technology Integration to the Foreign Exchange Market
Summary
By leveraging Whisperer and Mission Control, a firm has the option to connect to over 80 FX venues while simultaneously monitoring their positions, credit, reconciliation and P&L.The FX market continues to fragment with traders accessing more venues, recently evidenced by a BIS paper that showed from 2005-2015 the share of trading executed on primary ECNs has been falling.Mission Control is cloud-based enterprise solution that enables FX trading operations to automate and optimize middle and back office functions.It provides an innovative live dashboard for the monitoring and reporting of client positions, trades, credit, and P&L across any FX prime broker and execution venue via Elysium’s TradeTracker Connectivity-as-a-Service network.Our platforms power currency trading that seamlessly connects to 80+ FX venues, delivers ultra-low latency, improves time to market and enables risk monitoring.