
Analytics

Overview
Data has become the lifeblood of financial markets. Every decision—whether by an individual trader, a large institutional investor, or a regulator—relies on timely, accurate, and relevant information.
While linear FX markets now provide a wealth of data, the specialised world of FX options has historically lacked the same transparency. Digital Vega addresses this gap by offering a comprehensive suite of reports and analytics for both buy-side and sell-side participants, designed to enhance pricing and trading workflows.
Reporting and Analytics
Activity Reports: Detailed monthly or quarterly reports covering all aspects of client or provider trading activity.
Real-Time Reporting: Having worked closely with major buy- and sell-side users, Digital Vega is close to launching a real-time data and analytics service. This will allow users, for the first time, to fine-tune pricing and trading strategies based on up-to-the-second market information.
Transaction Cost Analysis (TCA)
Liquidity Optimiser: Digital Vega utilises real-time TCA data to dynamically adjust Liquidity Provider panels across Medusa and Hydra, based on key performance metrics.
TCA Analysis: Aggregates data across Digital Vega’s platforms to identify shifts in market trends, trading activity, and liquidity heatmaps.
Best Execution
Independent Price Validation: Digital Vega has partnered with a core group of global banks to develop an industrial-strength Best Execution and Independent Price Validation feed, helping users demonstrate regulatory compliance and optimise trade outcomes.