A-Team Insight Brief
Integral Integrates with CME Group’s EBS Market and FX Spot+ to Expand FX Liquidity Access
Integral, the FX technology provider, has launched a full integration with CME Group’s EBS Market and FX Spot+ platforms. This development allows clients to execute FX spot, NDF, and precious metals trades directly from Integral’s trading interfaces without requiring additional technology investment or incurring extra fees.
The enhanced platform supports order submissions via trader GUIs, APIs, algorithmic models, and risk systems. The integration offers seamless access to CME Group’s primary liquidity, including firm, anonymous pricing with no last look, and aims to lower trading costs for clients. This move further strengthens Integral’s offering by providing broader market access through familiar workflows.
TNS Expands 24×5 Trading Connectivity with MOON ATS and OTC Overnight
Transaction Network Services (TNS) has announced new market data connectivity to MOON ATS and OTC Overnight, the after-hours equities trading platforms from OTC Markets Group. This expansion supports TNS’s strategic focus on 24×5 equities trading, offering clients access to securities listed on major exchanges and actively traded OTC equities during overnight hours.
The integration of these venues caters to increased global demand for extended trading hours, particularly among traders in Asia. By enabling connectivity to MOON ATS and OTC Overnight, TNS enhances trading strategy flexibility and facilitates continuous execution across time zones. These additions further bolster TNS’s global network, providing the infrastructure and support needed to operate efficiently in a round-the-clock trading environment.
TMX VettaFi Acquires ETF Stream to Expand European ETF Media Presence
TMX VettaFi, a subsidiary of TMX Group and a firm specialising in indexing, digital distribution, analytics and thought leadership, has acquired ETF Stream Limited. ETF Stream is a prominent media brand in Europe focused on exchange-traded funds (ETFs), offering news coverage, analysis, and educational content through its online platform, publications and events.
This acquisition enhances TMX VettaFi’s European footprint and complements its content and investor education capabilities. It is the fifth strategic acquisition by TMX VettaFi in recent years, following its purchases of Credit Suisse Bond Indices from UBS (February 2025), iNDEX Research (October 2024), ROBO Global Index Suite (April 2023), and EQM Indexes (September 2023).
Partior Joins OSTTRA and Baton Systems’ PvP Settlement Network to Expand Tokenised FX Capabilities
OSTTRA and Baton Systems have announced that Partior has integrated with their on-demand payment-versus-payment (PvP) settlement network, enabling financial institutions to settle foreign exchange (FX) transactions using tokenised commercial bank money. This development adds to the existing fiat settlement options and supports 24/7 on-demand FX settlement in tokenised currencies including USD, EUR, and SGD, enhancing liquidity management and capital efficiency.
With this integration, institutions gain access to an expanded, live settlement ecosystem backed by Baton’s distributed ledger technology, which has processed over $13 trillion in FX settlements. The network now supports programmable atomic PvP with flexible options to combine fiat and tokenised money across currency pairs. This interoperability allows participants to better align settlement processes with liquidity needs across global time zones while reducing pre-funding burdens.
Iress Partners with interop.io to Enhance Trading Platform Interoperability
Iress has announced a partnership with interoperability provider interop.io as part of its strategic focus on core trading and market data solutions. The collaboration aims to deliver a modular and high-performance trading experience by enabling more personalised and efficient workflows for Iress’ global client base.
Interop.io’s platform allows integration of multiple applications into a single, smart desktop environment. Through this partnership, users of Iress’ “MyIress” workspace will be able to connect third-party apps, news feeds and alerts within one interface. The integration supports open APIs and FDC3 standards, allowing for custom UI elements and tailored workflows, helping reduce manual errors and improve operational efficiency.
Trading Technologies Launches Pre-Trade Portfolio Risk Tool for Enhanced Sell-Side Risk Management
Trading Technologies International, Inc. (TT) has introduced Pre-Trade Portfolio Risk on its trading platform, offering enhanced pre-trade risk controls for sell-side firms. Unveiled ahead of the FIA IDX conference in London, the new functionality allows firms to assess a client’s worst-case margin position in real time, ensuring adequate buying power before order execution.
This tool mirrors the risk calculations used by clearing houses, enabling futures commission merchants (FCMs) to manage client exposure with greater precision. It supports multiple exchange risk protocols, including SPAN, PRISMA, and value-at-risk models, across over 20 leading derivatives exchanges. The system uses real-time risk parameter files from exchanges and can be applied flexibly at any account level within the TT platform.
Straits Financial Deepens Partnership with Integral to Boost FX and Precious Metals Trading in Asia
Straits Financial Services Pte Ltd (SFSPL), the Singapore-based brokerage, is enhancing its collaboration with currency technology provider Integral to strengthen client services and expand operations across Asia’s FX and precious metals markets. This includes extending its infrastructure to the SG1 data centre in Singapore, aiming to improve execution quality and liquidity for a wider range of instruments, including gold, silver, platinum, and palladium.
The expanded use of Integral’s API-based technology is intended to support more efficient integration with external systems and enhance pricing capabilities. With increasing trading activity in gold, silver, platinum, and palladium, the updated system allows for unit conversions commonly used in the region and facilitates pricing in local currencies. SFSPL first adopted Integral’s technology in 2019 and now uses it for trading, liquidity aggregation, pricing, risk management, and white labelling across its product offering.
SOLVE and Investortools Partner to Integrate AI-Driven Municipal Bond Pricing into Portfolio Management Platform
SOLVE, the market data platform provider for fixed-income securities, and Investortools, the investment management SaaS provider, have entered a strategic partnership to integrate SOLVE Px, SOLVE’s AI-based pricing tool, into Investortools’ Dealer Network and portfolio management system. This integration enables fixed income professionals to access real-time, predictive municipal bond pricing directly within their workflow, enhancing decision-making with up to 34% more accurate pre-trade pricing.
The solution offers indicative prices tailored to $1 million trades, complete with size- and side-specific quotes and proprietary Confidence Scores. Users benefit from access to pricing data on over 900,000 fixed-coupon municipal bonds, featuring a median margin of error of 5.7 basis points. Additional features such as real-time “Trade Assist,” targeted pricing, and “Portfolio Build” tools aim to further streamline the trading and portfolio management process.
Trading Technologies Enables Client Access to GFO-X for Regulated Digital Asset Derivatives
Trading Technologies International, Inc. (TT) has announced new connectivity for its clients to GFO-X, the UK’s first regulated and centrally cleared trading venue for digital asset derivatives. The integration allows clients to access GFO-X via the TT platform, aligning with the exchange’s recent market launch.
GFO-X began trading Bitcoin index futures and options on 9 May, offering institutional investors expanded access to secure and regulated digital asset derivatives. With growing global interest in digital assets and easing regulatory constraints in the U.S., the partnership enables institutions to trade through TT’s advanced platform on a venue designed for transparency, performance and compliance.
Similarweb Traffic Info Integrated into Bloomberg Alternative Data Platform
Bloomberg has incorporated web analytics provider Similarweb’s web traffic data to its alternative data sets for Terminal users.
Featured within Bloomberg’s Alternative Data Analytics Platform, the Similarweb feeds will enable investors to better nowcast company key performance indicators and identify trends within company performance.
Similarweb’s web and app analytics are sourced from more than 200 million devices, 100 million websites and 4 million apps worldwide.