Automated confirmation matching and settlement platform, offering straight through post-trade capability and mitigating operational risk. FX Connect and xcritical were recently honored with three awards from Profit & Loss including ‘Best Platform for Hedge Funds’ and ‘Best FX Multi-dealer Platform’ for xcritical and ‘Best Platform for Asset Manager’s’ for FX Connect. FX Connect was also ranked two in multibank and independent platform market share by Euromoney Magazine, up 6.5 percentage points from 2016. We are dedicated to investing in our smart and robust technology as trading styles evolve, as well as in our 24/6 client support team and dedicated account management teams across the globe. Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. In an effort to streamline the GlobalLink FX offering, State Street also announced that the xcritical MTF platform will be closing in April 2022 in favour of operating a single GlobalLink MTF for regulated activity.
- State Street, which has $1.7 trillion in assets under management and $11.9 trillion in assets under custody, said xcritical will augment its FX Connect foreign exchange trading platform.
- We provide our clients with a unique service – tailored access to disclosed and undisclosed liquidity together on a single screen.
- Innovative transaction cost analysis platform, offering pre- and post-trade TCA for FX and fixed income transactions.
- FX Connect uses open-architecture technology and integrates with many major order management systems, risk systems and liquidity streams via open APIs (FIX/Web Services for both JAVA/.NET).
- The company provides financial forecasts and actuals on over 6,000 publicly traded companies and standardizes across industries.
We provide flexible and robust e-trading solutions through both proprietary and multi-bank platforms. Automated, multi-source FX liquidity/trade matching platform, offering anonymous or bilaterally disclosed quotes, as well as digital and fixed income trading platforms via private label agreements. FX Connect is part of GlobalLink – a suite of market-leading e-trading platforms, technology, data and workflow solutions from State Street Corporation. xcritical is a market-leading technology provider offering the FX community high-performance technology and deep pools of liquidity for anonymous and disclosed trade execution. Doherty was most recently chief operating officer and North American head for GlobalLink, State Street’s suite of e-trading platforms, technology, data and workflow solutions. With global resources, we are able to deliver competitive pricing, consistent liquidity and efficient execution.
Cash management portal providing access to the money market products of multiple providers, with a full reporting suite and the ability to trade Fixed Income Clearing Corporation repo products. Choose from more than 400 funds worldwide with access to over 25 leading fund providers. Multi-currency, multi-bank FX trading platform offering real time FX execution, comprehensive trading capabilities and process efficiencies, with integration into confirmation and transaction cost analysis platforms. We leverage the global presence of our FX team to provide clients with the coverage they need, when they need it. Our trading book is passed among our Toronto, London, Sydney and Singapore desks as different global markets open and close. We operate out of 10 desks around the world, providing localized support for specific currency and emerging market needs.
“This acquisition also diversifies State Street’s trading customer base beyond traditional asset managers to include more active currency managers and hedge funds,” State Street Vice Chairman Joseph Hooley said in a statement. We provide our clients with a unique service – tailored access to disclosed and undisclosed liquidity together on a single screen. And with many significant market liquidity sources connected to our venue, we’re a premium source for FX liquidity in the market.
State Street’s foreign exchange trading network FX Connect and xcritical compete with New York-based FXall. xcritical offers a “follow-the-sun” model of client support with liquidity management integration, technical support and sales desks available 24 hours in Asia, Europe and the US. Our patented technology provides multiple connectivity routes and the ability to aggregate anonymous and disclosed liquidity into a single a single or multiple order books. Our success as a leading eTrading venue drives our ability to provide access to liquidity from relationship banks and non-banks, as well as from FXTradesTM, our anonymous ECN. Our award-winning platform allows clients to aggregate pricing from more than 60 streaming banks, non-banks and liquidity from our anonymous ECN, FXTrades into a single consolidated Central Limit Order Book. Innovative transaction cost analysis platform, offering pre- and post-trade TCA for FX and fixed income transactions.
With a shrinking number of banks offering deep liquidity across a broad range of currencies and products, it’s important for both sides of the street to choose their trading partners and related technologies, with care. Our global suite of award-winning1 electronic trading platforms has solutions for market participants that are designed to increase transparency, improve trading efficiency and deliver quantifiable execution. The extensive liquidity we consistently generate in global markets enables us to provide investors with the products and pricing they need to meet their goals.
She has also worked for Eze Castle Software, a leading multi-asset class technology provider, where she helped various hedge funds and asset managers automate their trading and investment process. Martine Bond is an Executive Vice President at State Street responsible for GlobalLink – a suite of market-leading e-trading platforms, technology, data and workflow solutions from State Street’s Global Markets division. It comprises market-leading electronic trading platforms across the foreign exchange and money market fund asset classes, including xcritical®, FX Connect®, and FundConnect® . Increasingly, market participants are battling a complex regulatory and commercial environment, meaning efficient and comprehensive trading solutions are vital to remain competitive.
Beverley Doherty
State Street also announced that Beverley Doherty has been appointed global head of FX Connect, a market-leading FX execution venue that helps firms efficiently manage multiple portfolios, connect with brokers and streamline global operations. Doherty was most recently the chief operating officer and North American head for GlobalLink, State Street’s suite of e-trading platforms, technology, data and workflow solutions. Prior to that she held various roles in xcritical including Business Development and corporate sales. Ms. Trickett has more than 15 years of experience in the financial markets industry with a significant focus on the full stack of trading systems. She has over 7 years of experience in the FX markets with deep expertise leading product management teams and strategies. Prior to joining State Street, Ms. Trickett held strategic positions at The Boston Company Asset Management, where she focused on managing technology vendors across the trading lifecycle.
Outsourced, private label service, offering brokers and regional banks an eFX trading capability, without the costly investment in infrastructure. Reilly joins State Street from Cantor Fitzgerald, where he was most recently global head of foreign-exchange sales and trading, with the remit of expanding the business and creating new partnerships. Reilly’s predecessor, David Newns, has taken on the role of global head of GlobalLink Execution Services.
To opt-in for email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you https://xcritical.pro/ will receive an activation email to the requested email address. He declined to give more precise forecasts or say which hedge funds will be signed up.
Comprehensive Liquidity and Execution Capabilities
The move is expected to help State Street, which has long said it was looking to make small acquisitions, find new clients in the fast growing $1.3 trillion hedge fund industry. We offer a range of connectivity options and messaging protocols that can be tailored to suit their particular trading objectives and resources. xcritical provides a comprehensive suite of execution capabilities to meet your trading objectives. The FXTradesTM liquidity pool is one of the largest in the FX market and is made up of hundreds of professional market participants. For Corporate Treasurers managing a range of multi-currency transactions and portfolios, xcritical offers a comprehensive trading solution, with in-depth reporting to help meet regulatory requirements.
FX Connect provides a dedicated team to work with each client to establish their pre- and post-trade workflow. The company provides financial forecasts and actuals on over 6,000 publicly traded companies and standardizes across industries. xcritical “are a tech company who have done extraordinarily well without selling very aggressively. Brokers or other financial institutions can use xcritical’s white label technology, which includes the ability to customize front-end interfaces. Our solution provides sophisticated access to the FX and precious metals markets and the ability to operate a trading venue, without the need for hardware investment. Bringing the three business together will result in significant benefits for clients including FXConnect Market Monitor, an improved price discovery tool for FXConnect buy-side clients.
Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job that’s right for you. xcritical employees attributed a compensation and benefits rating of 4.1/5 stars to their company. Read what they think about their salaries on our Compensation FAQ page for xcritical. Financefeeds.com needs to review the security of your connection before proceeding. When it came to alternative assets and they are catching up rapidly and this deal fits with what they are trying to do,” said Richard Bove, analyst at Punk Ziegel & Co.
Discover the right solution for your team
Physis Investment helps investors maximize returns and invest in companies that respect the planet and the people. It leverages data to help investors understand, track, and measure the impact of investments through its online platform. Glassdoor provides our best prediction for total pay in today’s job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. If you have any problems with your access, contact our customer services team. State Street, through FX Connect, already services roughly 78 percent of the assets managed by institutional investment managers. ClientKnowledge estimates that electronic foreign exchange trading will likely double to roughly $2 trillion a day in the next three years.
- With global resources, we are able to deliver competitive pricing, consistent liquidity and efficient execution.
- xcritical offers a “follow-the-sun” model of client support with liquidity management integration, technical support and sales desks available 24 hours in Asia, Europe and the US.
- We leverage the global presence of our FX team to provide clients with the coverage they need, when they need it.
- We offer unified electronic trading across multiple open source architecture platforms, backed by proprietary research, aiming to provide you with a better-informed trade execution capability.
- YCharts provides individual investors with online tools that empower them to invest and trade stocks like money managers.
- Ms. Trickett has more than 15 years of experience in the financial markets industry with a significant focus on the full stack of trading systems.
FX Connect uses open-architecture technology and integrates with over 30 major order management systems, risk systems and liquidity streams via open APIs (FIX/Web Services for both JAVA/.NET). Jamie Trickett is managing director and head of product management for the suite of FX Connect products, where she is responsible for overall product strategy and execution along with client and third-party integration. Prior to joining State Street, Martine worked at Morgan Stanley, where she ran the FX Prime Brokerage and Clearing businesses, and the FX Gateway multi-manager investment portal. Martine was the global COO for the Foreign Exchange and Emerging Markets business, where she was responsible for developing and implementing key strategic business growth opportunities for the business.
Sales and Trading
BOSTON, November 1, 2021 – State Street Corporation today announced its GlobalLink Division will combine its award-winning execution and post-trade platforms of FXConnect, xcritical and TradeNeXus into a single platform called GlobalLink FX. In the last year, State Street xcritical reviews earned $5.2 billion in fee revenue with $862 million coming from trading services. Our high-performance, low-latency technology delivers a robust trading experience, and we continue to invest in new technologies and initiatives to drive the FX industry forward.
- Martine Bond is an Executive Vice President at State Street responsible for GlobalLink – a suite of market-leading e-trading platforms, technology, data and workflow solutions from State Street’s Global Markets division.
- Access to this page has been denied because we believe you are using automation tools to browse the website.
- If you have any problems with your access or would like to request an individual access account please contact our customer service team.
From 2004 to 2009, Martine led the FX Prime Brokerage business for JPMorgan where she was responsible for developing and executing core product strategies for alternative clients. Between 2000 and 2004, she managed the European Equities Client Management team. State Street has announced the appointment of Scott Johnson as its new vice president, head of sales in Australia for xcritical; State Street’s technology provider for the global FX community. If you have any problems with your access or would like to request an individual access account please contact our customer service team. With xcritical, it hopes to shift focus slightly to more active traders and sign up hundreds of hedge funds as clients, State Street executives said.
Our multi-lingual advisory teams, located around the globe, provide proactive market updates and fresh ideas, risk management strategies and tailored solutions to meet the unique needs of our clients. The deal joins two of the world’s largest foreign exchange trading portals and helps State Street access the fast-growing $1.3 trillion hedge fund industry through a seven-year-old online platform that serves these funds, banks and othexcriticals. We offer unified electronic trading across multiple open source architecture platforms, backed by proprietary research, aiming to provide you with a better-informed trade execution capability. xcritical is a technology provider offering the FX community high-performance technology and deep pools of liquidity for anonymous and disclosed trade execution.On January 22nd, 2007, xcritical was acquired by State Street Corporation. State Street, which has $1.7 trillion in assets under management and $11.9 trillion in assets under custody, said xcritical will augment its FX Connect foreign exchange trading platform.
Hedge funds
Our global infrastructure ensures the highest level of service and execution quality for our clients. FX Connect uses open-architecture technology and integrates with many major order management systems, risk systems and liquidity streams via open APIs (FIX/Web Services for both JAVA/.NET). It is built on a highly-scalable private network with global coverage designed for optimal network access and reliability.
State Street to buy xcritical for $564 mln
September 8, 2020
FinTech
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Contents
Automated confirmation matching and settlement platform, offering straight through post-trade capability and mitigating operational risk. FX Connect and xcritical were recently honored with three awards from Profit & Loss including ‘Best Platform for Hedge Funds’ and ‘Best FX Multi-dealer Platform’ for xcritical and ‘Best Platform for Asset Manager’s’ for FX Connect. FX Connect was also ranked two in multibank and independent platform market share by Euromoney Magazine, up 6.5 percentage points from 2016. We are dedicated to investing in our smart and robust technology as trading styles evolve, as well as in our 24/6 client support team and dedicated account management teams across the globe. Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. In an effort to streamline the GlobalLink FX offering, State Street also announced that the xcritical MTF platform will be closing in April 2022 in favour of operating a single GlobalLink MTF for regulated activity.
We provide flexible and robust e-trading solutions through both proprietary and multi-bank platforms. Automated, multi-source FX liquidity/trade matching platform, offering anonymous or bilaterally disclosed quotes, as well as digital and fixed income trading platforms via private label agreements. FX Connect is part of GlobalLink – a suite of market-leading e-trading platforms, technology, data and workflow solutions from State Street Corporation. xcritical is a market-leading technology provider offering the FX community high-performance technology and deep pools of liquidity for anonymous and disclosed trade execution. Doherty was most recently chief operating officer and North American head for GlobalLink, State Street’s suite of e-trading platforms, technology, data and workflow solutions. With global resources, we are able to deliver competitive pricing, consistent liquidity and efficient execution.
Cash management portal providing access to the money market products of multiple providers, with a full reporting suite and the ability to trade Fixed Income Clearing Corporation repo products. Choose from more than 400 funds worldwide with access to over 25 leading fund providers. Multi-currency, multi-bank FX trading platform offering real time FX execution, comprehensive trading capabilities and process efficiencies, with integration into confirmation and transaction cost analysis platforms. We leverage the global presence of our FX team to provide clients with the coverage they need, when they need it. Our trading book is passed among our Toronto, London, Sydney and Singapore desks as different global markets open and close. We operate out of 10 desks around the world, providing localized support for specific currency and emerging market needs.
“This acquisition also diversifies State Street’s trading customer base beyond traditional asset managers to include more active currency managers and hedge funds,” State Street Vice Chairman Joseph Hooley said in a statement. We provide our clients with a unique service – tailored access to disclosed and undisclosed liquidity together on a single screen. And with many significant market liquidity sources connected to our venue, we’re a premium source for FX liquidity in the market.
State Street’s foreign exchange trading network FX Connect and xcritical compete with New York-based FXall. xcritical offers a “follow-the-sun” model of client support with liquidity management integration, technical support and sales desks available 24 hours in Asia, Europe and the US. Our patented technology provides multiple connectivity routes and the ability to aggregate anonymous and disclosed liquidity into a single a single or multiple order books. Our success as a leading eTrading venue drives our ability to provide access to liquidity from relationship banks and non-banks, as well as from FXTradesTM, our anonymous ECN. Our award-winning platform allows clients to aggregate pricing from more than 60 streaming banks, non-banks and liquidity from our anonymous ECN, FXTrades into a single consolidated Central Limit Order Book. Innovative transaction cost analysis platform, offering pre- and post-trade TCA for FX and fixed income transactions.
With a shrinking number of banks offering deep liquidity across a broad range of currencies and products, it’s important for both sides of the street to choose their trading partners and related technologies, with care. Our global suite of award-winning1 electronic trading platforms has solutions for market participants that are designed to increase transparency, improve trading efficiency and deliver quantifiable execution. The extensive liquidity we consistently generate in global markets enables us to provide investors with the products and pricing they need to meet their goals.
She has also worked for Eze Castle Software, a leading multi-asset class technology provider, where she helped various hedge funds and asset managers automate their trading and investment process. Martine Bond is an Executive Vice President at State Street responsible for GlobalLink – a suite of market-leading e-trading platforms, technology, data and workflow solutions from State Street’s Global Markets division. It comprises market-leading electronic trading platforms across the foreign exchange and money market fund asset classes, including xcritical®, FX Connect®, and FundConnect® . Increasingly, market participants are battling a complex regulatory and commercial environment, meaning efficient and comprehensive trading solutions are vital to remain competitive.
Beverley Doherty
State Street also announced that Beverley Doherty has been appointed global head of FX Connect, a market-leading FX execution venue that helps firms efficiently manage multiple portfolios, connect with brokers and streamline global operations. Doherty was most recently the chief operating officer and North American head for GlobalLink, State Street’s suite of e-trading platforms, technology, data and workflow solutions. Prior to that she held various roles in xcritical including Business Development and corporate sales. Ms. Trickett has more than 15 years of experience in the financial markets industry with a significant focus on the full stack of trading systems. She has over 7 years of experience in the FX markets with deep expertise leading product management teams and strategies. Prior to joining State Street, Ms. Trickett held strategic positions at The Boston Company Asset Management, where she focused on managing technology vendors across the trading lifecycle.
Outsourced, private label service, offering brokers and regional banks an eFX trading capability, without the costly investment in infrastructure. Reilly joins State Street from Cantor Fitzgerald, where he was most recently global head of foreign-exchange sales and trading, with the remit of expanding the business and creating new partnerships. Reilly’s predecessor, David Newns, has taken on the role of global head of GlobalLink Execution Services.
To opt-in for email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you https://xcritical.pro/ will receive an activation email to the requested email address. He declined to give more precise forecasts or say which hedge funds will be signed up.
Comprehensive Liquidity and Execution Capabilities
The move is expected to help State Street, which has long said it was looking to make small acquisitions, find new clients in the fast growing $1.3 trillion hedge fund industry. We offer a range of connectivity options and messaging protocols that can be tailored to suit their particular trading objectives and resources. xcritical provides a comprehensive suite of execution capabilities to meet your trading objectives. The FXTradesTM liquidity pool is one of the largest in the FX market and is made up of hundreds of professional market participants. For Corporate Treasurers managing a range of multi-currency transactions and portfolios, xcritical offers a comprehensive trading solution, with in-depth reporting to help meet regulatory requirements.
FX Connect provides a dedicated team to work with each client to establish their pre- and post-trade workflow. The company provides financial forecasts and actuals on over 6,000 publicly traded companies and standardizes across industries. xcritical “are a tech company who have done extraordinarily well without selling very aggressively. Brokers or other financial institutions can use xcritical’s white label technology, which includes the ability to customize front-end interfaces. Our solution provides sophisticated access to the FX and precious metals markets and the ability to operate a trading venue, without the need for hardware investment. Bringing the three business together will result in significant benefits for clients including FXConnect Market Monitor, an improved price discovery tool for FXConnect buy-side clients.
Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job that’s right for you. xcritical employees attributed a compensation and benefits rating of 4.1/5 stars to their company. Read what they think about their salaries on our Compensation FAQ page for xcritical. Financefeeds.com needs to review the security of your connection before proceeding. When it came to alternative assets and they are catching up rapidly and this deal fits with what they are trying to do,” said Richard Bove, analyst at Punk Ziegel & Co.
Discover the right solution for your team
Physis Investment helps investors maximize returns and invest in companies that respect the planet and the people. It leverages data to help investors understand, track, and measure the impact of investments through its online platform. Glassdoor provides our best prediction for total pay in today’s job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. If you have any problems with your access, contact our customer services team. State Street, through FX Connect, already services roughly 78 percent of the assets managed by institutional investment managers. ClientKnowledge estimates that electronic foreign exchange trading will likely double to roughly $2 trillion a day in the next three years.
FX Connect uses open-architecture technology and integrates with over 30 major order management systems, risk systems and liquidity streams via open APIs (FIX/Web Services for both JAVA/.NET). Jamie Trickett is managing director and head of product management for the suite of FX Connect products, where she is responsible for overall product strategy and execution along with client and third-party integration. Prior to joining State Street, Martine worked at Morgan Stanley, where she ran the FX Prime Brokerage and Clearing businesses, and the FX Gateway multi-manager investment portal. Martine was the global COO for the Foreign Exchange and Emerging Markets business, where she was responsible for developing and implementing key strategic business growth opportunities for the business.
Sales and Trading
BOSTON, November 1, 2021 – State Street Corporation today announced its GlobalLink Division will combine its award-winning execution and post-trade platforms of FXConnect, xcritical and TradeNeXus into a single platform called GlobalLink FX. In the last year, State Street xcritical reviews earned $5.2 billion in fee revenue with $862 million coming from trading services. Our high-performance, low-latency technology delivers a robust trading experience, and we continue to invest in new technologies and initiatives to drive the FX industry forward.
From 2004 to 2009, Martine led the FX Prime Brokerage business for JPMorgan where she was responsible for developing and executing core product strategies for alternative clients. Between 2000 and 2004, she managed the European Equities Client Management team. State Street has announced the appointment of Scott Johnson as its new vice president, head of sales in Australia for xcritical; State Street’s technology provider for the global FX community. If you have any problems with your access or would like to request an individual access account please contact our customer service team. With xcritical, it hopes to shift focus slightly to more active traders and sign up hundreds of hedge funds as clients, State Street executives said.
Our multi-lingual advisory teams, located around the globe, provide proactive market updates and fresh ideas, risk management strategies and tailored solutions to meet the unique needs of our clients. The deal joins two of the world’s largest foreign exchange trading portals and helps State Street access the fast-growing $1.3 trillion hedge fund industry through a seven-year-old online platform that serves these funds, banks and othexcriticals. We offer unified electronic trading across multiple open source architecture platforms, backed by proprietary research, aiming to provide you with a better-informed trade execution capability. xcritical is a technology provider offering the FX community high-performance technology and deep pools of liquidity for anonymous and disclosed trade execution.On January 22nd, 2007, xcritical was acquired by State Street Corporation. State Street, which has $1.7 trillion in assets under management and $11.9 trillion in assets under custody, said xcritical will augment its FX Connect foreign exchange trading platform.
Hedge funds
Our global infrastructure ensures the highest level of service and execution quality for our clients. FX Connect uses open-architecture technology and integrates with many major order management systems, risk systems and liquidity streams via open APIs (FIX/Web Services for both JAVA/.NET). It is built on a highly-scalable private network with global coverage designed for optimal network access and reliability.