TMX, Velocity Trade Ally for FX Data, Analytics

The partnership expands the range of FX Analysis tools launched by TMX in July


The deal will see Velocity Trade provide TMX Insights with FX data, while TMX Insights will deliver TMX Analytics tools that provide FX and equity data analytics to Velocity Trade's customers.

Clients will be able to analyze routing decisions relating to their order flow, and to measure the impact of the FX and equity trading costs realized on cross-border activities.

"Our TMX Insights team continues to explore and build dynamic solutions designed to address current market challenges and creat