Tradermade puts 40-years of FX data in the cloud
Tradermade Systems Ltd., a provider of real-time market data and proprietary analytics software to central banks, leading corporations, financial institutions and individual traders, today launched FXQuest, a cloud-based technology platform that gives clients the ability to retrieve reliable, accurate information on more than four decades of foreign exchange (forex) data.
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With historical prices, spreads and technical data for more than 50 currency pairs, FXQuest is the world's most comprehensive database of price information on the forex market – the largest and most liquid financial market in the world, averaging $5.3 trillion in trading activity per day.
"FXQuest benefits both intermediaries and their customers by providing objective information from an independent and established data provider at the click of a mouse." said David Upton, chief executive officer of Tradermade Systems Ltd. "In an increasingly regulated environment, we believe FXQuest provides an essential service that enhances transparency and trust between suppliers and consumers of forex pricing data."
Powered by TraderMade, an independent and objective source of pricing data, FXQuest collects data from today's top market makers and liquidity providers. The database is tailored to pinpoint and verify an exchange rate at a specific point in time ranging from one day to one second, including high, low, open and close rates. The FXQuest user interface is available online and can process both individual and batch queries. TraderMade also provides an application program interface (API) to enable the incorporation of the service into an existing workflow.