FX Tape free until volumes hit $100bn a day, Galinov says

Data will be aggregated and slightly delayed

dmitri-galinov
Dmitri Galinov: expects volumes submitted to the FX Tape to hit $1bn a day by Q1 2018

Euronext-owned FastMatch has launched a version of the long-awaited FX central tape data feed, now dubbed FX Tape, which aims to create a global, consolidated view of spot currency markets.

FX Tape will publish aggregated post-trade data collected from contributors and calculate a volume-weighted average price and total volume per currency pair every 500 milliseconds. The consolidated reference price will be published with a delay of 200ms.

The data will also include the number of participants

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