eFXplus and Thomson Reuters Expand the Derived Data Service Partnership

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eFXplus, a fintech strategy platform by eFXdata, is announcing its strategic partnership with Thomson Reuters (TR) to derive and stream TR-IFR Markets data in real-time.

Through the partnership, Thomson Reuters supports innovative solutions developed by eFXdata by providing access to its new IFR Markets data APIs. eFXdata has devised a machine reader for said APIs and deployed a proprietary AI by bridging the received data into eFXplus’ orders, sentiment indicators and insights.

The new partnership adds a new reliable input to eFXplus’ institutional derived data mash-up from TR IFR Markets technical-tactical data.

“Our new partnership with TR not only solidifies the consistency and depth of eFXplus’ derived data, but also expands our data service to a wider array of users and investors,” said Mark Melhorn, PhD, Managing Director of eFXdata.

About Thomson Reuters:
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit http://www.thomsonreuters.com.

About eFXplus:

eFXplus is the flagship product of eFXdata, a Boston based fintech startup. eFXdata’s derived data service has been licensed via wholesale agreements with top global FX brokers and via direct subscription for thousands of individual investors. eFXplus is available for seamless API integration along with a full set of engagement and conversion tools to its corporate and broker partners. For more information visit https://plus.efxdata.com.

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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