ICAP FX Spot Ai
ICAP FX Spot Ai (Automated FX interface) is an automated trading tool that provides direct electronic access between the customer's trading system and the global FX market on the EBS platform.
Designed to enhance an organisation's existing trading strategies and performance by facilitating program trading for risk and arbitrage, ICAP FX Spot Ai is a single-access premium trading product that provides a direct two-way interface with the global FX market on the EBS platform, thereby enabling model/program trading and the maintenance of a 24-hour book.
Uses include:
- Mathematical models
- Arbitrage models
- Risk management models
- Streaming executable prices
Customer benefits and business opportunities include:
- Efficient, automated trading in all time zones and all currencies at any hour of the day
- Maximised trading opportunities from the maintenance of a 24-hour book, enabling the institution to trade even when its trading floor is closed
- Offsetting of an organisation's risk position without human intervention
- Increased liquidity and volume in the FX market
- The stability and reliability of the EBS platform
ICAP FX Spot Ai delivers direct access between the customer's trading system and the global FX market on the EBS platform through an API. The prices, features and functionality are therefore identical to those displayed on the ICAP FX Spot workstation. Approximately USD 145 billion a day in spot foreign exchange transactions, including 7.7 million ounces in precious metals, is conducted over the EBS platform in more than 40 countries each day.
ICAP FX Spot Ai is supported by state-of-the-art technology, based on a unique distributed architecture. In order to maintain an orderly FX market, ICAP FX Spot dealing rules apply to all transactions executed via ICAP FX Spot Ai.
ICAP FX Spot Ai Hosted Services
To support program and model traders, the EBS platform now has the facility to host customers' Ai servers at a premium data centre in New York.
The benefits of ICAP FX Spot Ai Hosted Services include:
- A secure, premium facility with full redundancy and six-star service level agreements
- A simple and cost-effective solution for addtional space
- Enhanced time to market
The ICAP Lab
To enable ICAP FX Spot Ai customers to test and refine their trading models before implementing a new trading strategy, ICAP has developed the ICAP Lab.
Once the ICAP FX Spot Ai software development kit has been deployed and the appropriate networking technology installed, customers can use the Lab to test connectivity, timing and price integrity and, at the same time, use actual ICAP FX Spot market data to analyse trade program performance.
ICAP FX Spot reflects the definitive and accurate view of the global spot FX market. Customers using ICAP FX Spot market data in the Lab can, therefore, have absolute confidence in the historical results they generate from back testing.
The ICAP Lab provides a completely secure testing environment, allowing customers to fine tune programs before implementation into the market.
To find out more about how ICAP's services can help your business, contact:
E-trading - Asia: +65 64 24 8303
E-trading - Europe: +44 (0)20 7029 9171
E-trading - Japan: +81 3 5511 6696
E-trading - Americas: +1 212 521 4655