A data analytics platform has been launched with Goldman Sachs, UBS and XTX Markets.
In Brief:
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Tradefeedr uses data science to bring together trading information to help capital market participants make decisions.
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It was established in 2018 by Blacktree cofounders Balraj Bassi and Alexei Jiltsov.
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The two previously worked at Lehman Brothers.
What does this mean?
Tradefeedr’s software could help level the playing field, with XTX Markets’ Jeremy Smart stating: “More transparency and more informed clients will result in a fairer market for all.”