Real-time intelligence enhanced by real, human expertise to empower trading decisions in the moment.
Marking a step change for FX analytics, Reactive Markets has unified its best-in-class data analytics suite with a game-changing, real-time heartbeat of data-driven intelligence, under the new flagship name: Reactive Markets Pulse.
Electronic trading demands microsecond-level execution but, to date, analytics have lagged behind. Now, Reactive Markets delivers insights live, as trading and liquidity conditions change, while its specialists contextualise signals and make observations. As a result, clients can act with speed and conviction in fast-moving markets, instead of dissecting missed opportunities.
Reactive Markets Pulse is powered by the firm's real-time tick database, which processes tens of billions of messages every day, capturing every market data update and order event across the network. Now, Pulse can deploy statistical models and automated scripts against this live data, instantly detecting pattern changes, triggering customised client alerts and enabling automated instructions across a wide range of performance metrics. The following functionality is available today, with further applications in development.
Liquidity Provider spread alerts: Pulse identifies persistent, meaningful changes to LP spreads. The system alerts clients to pattern changes the moment the model achieves conviction, filtering out noise and false positives, and enabling immediate, data-driven optimisation conversations between clients and LPs.
Intelligent reject profiling: Pulse can also actively poll for reject patterns, such as recurring credit issues, that cause material performance degradation. Every execution reject is systematically investigated, categorised and tracked. When reject rates deviate from the norm, Pulse instantly alerts users to the performance outlier, allowing them to address issues as they occur. Clients are exploring taking this one step further, leveraging the Reactive Markets REST API to auto-disable/enable LPs based on these alerts, automating the full workflow and removing costly human overheads.
With Reactive Markets Pulse, clients can access and interrogate comprehensive execution analytics in the way that best fits their workflow:
Reactive Markets Pulse represents a major step forward in the evolution of bilateral FX trading. By delivering proactive, alpha-generating insights and greater transparency to both clients and LPs, we are helping to build stronger, more data-driven relationships that lead to better liquidity and execution outcomes.
This launch reinforces Reactive Markets' commitment to fair, efficient and transparent trading, built on world-class technology.
Incisive transparency drives better performance. To see what Reactive Markets Pulse could reveal for you, contact your account representative or sales@reactivemarkets.com.
Real-time. Data-driven. Expert-led.
Reactive Markets: powering the next generation of bilateral trading.
