A data analytics platform has been launched with Goldman Sachs, UBS and XTX Markets.
Tradefeedr uses data science to bring together trading information to help capital market participants make decisions.
It was established in 2018 by Blacktree cofounders Balraj Bassi and Alexei Jiltsov.
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.”