CFH Clearing Launches New Data Analytics Tools

CFH Clearing, the liquidity provider and Prime of Prime brokerage of the TradeTech Group, announced this Monday that it has enhanced its multi-asset liquidity offering by adding new data analytics tools.The analytics tools have been developed in-house by the Prime of Prime broker. In particular, the data analytics tools have allowed the firm to improve pricing and execution across foreign exchange (forex), precious metals, base metals and contracts for differences (CFDs).According to the statement, the data tools have been developed as part of CFH’s increased focus on collaborative liquidity management. The aim of the tools is to allow its clients to make more informed liquidity decisions, with the help of data. Commenting on the new tools, Andy Biggs, Head of Liquidity at CFH Clearing said: “CFH has built an impressive in-house analytics system which has helped us to improve pricing and execution across FX, precious metals, base metals and CFDs. We have been able to make data driven decisions to provide sustainable liquidity to any and all types of flow and to provide the best liquidity possible for all types of flow. The data we collect from each broker and LP enables us to create meaningful data-driven liquidity reports and a clear overall picture about their flow.