TrueFX Streaming Market Data FAQ
TrueFX Market Data is a true representation of where institutional markets are trading FX and crypto currencies. TrueFX Market Data brings you indicative and event-driven prices, aggregated from real market participants, delivered directly to you with no intermediary. We bring you real-time and historical tick-by-tick market data, 24 hours a day, whenever markets are open.
FX and cryptocurrencies have historically been rather opaque markets with uneven access to liquidity and tools to effectively participate and win. We believe that by lowering the barriers to entry, reducing costs and friction and by increasing transparency the markets will dramatically expand and attract more participants. In short, we created TrueFX Market Data because we believe it is the right thing to do.
TrueFX Market Data is an aggregated liquidity stream from multiple liquidity sources, including the largest financial institutions and FX market makers in the world. FX and metals prices are sourced from Integral OCX, a high-performance trading network that links market making banks and major financial institutions. Crypto assets are sourced from Mint Exchange, a crypto asset clearinghouse for institutional investors.
Our ‘Professional’ and ‘Institutional’ premium packages provide access to institution-grade market data, offering an event-driven, tick by tick pricing stream for the full set of currencies via FIX. Institutional packages also include option of X-Connect via NY4, LD4 or TK3.
The market data is indicative, not executable. Since it provides a true and accurate representation of where the market is trading at any one time, it is used by clients for a wide range of workflow scenarios and use cases, including enhanced price verification, historic back-testing and generating a base price for onward distribution.
No, TrueFX is not a broker. TrueFX is a service brought to you by Integral, a neutral technology provider.