FX Tape

In September 2017, FastMatch launched FX Tape, providing centralised and global post-trade data to all market participants.

This new and innovative market data product will improve post-trade transparency in FX markets and allow market participants to monetize their trading data. FX Tape will also serve as a central reference point for Spot FX transacted prices helping market participants evaluate best execution performance.

FX Tape will publish real-time post-trade information collected from market participants in aggregated and delayed fashion to minimize market impact and information leakage.

This product will be available for distribution to thousands of market participants and vendors across the world via FastMatch’s and Euronext’s distribution networks. It will significantly improve transparency in the FX market and execution quality. Contributors of FX Tape will participate in revenue shared based on their market share of contributions on a monthly basis

In November 2017,  FastMatch announced that individuals may now purchase FX Tape data from its website at a cost of €40 a month, using their credit cards.

Typically such trading data costs thousands of euros a month and requires special programming in order to receive it, so the average consumer cannot access the data. However, FastMatch is now making this data available at low cost at https://tape.fastmatch.com.