Societe Generale and Tradefeedr have entered into a new partnership to expand FX transaction cost analysis (TCA) capabilities for mutual clients.
The integration will see Societe Generale’s algos featured in Tradefeedr’s Pre-trade Algo Forecasting offering. The service gives colour on expected algo behaviours and recommends the optimal strategy based on the conditions and characteristics of an order.
“We are confident that we can leverage Tradefeedr’s service to improve client outcomes across our algo and principal FX business lines”, said John Estrada, global head of FX trading at Societe Generale.
“As the FX market continues to become more data driven, we expect additional client interest in metrics to improve their trading.”
Societe Generale will also be able to offer its clients access to Tradefeedr trading analysis via an API.
“We are thrilled to welcome Societe Generale as our latest Liquidity Provider,” said Balraj Bassi, co-founder and CEO of Tradefeedr.
“This collaboration furthers our goal of standardising data metrics and analysis for FX trading teams globally. Furthermore, Societe Generale inclusion into our FX Pre-trade Algo Forecasting service will offer all clients enhanced insights and data, helping them make better and more informed decisions.”