Tradefora’s average market price widget is gaining popularity among industry media and regulators. Recently one more prominent Chinese media portal and B2B event organizer Figure Finance has added Tradefora’s widget to it’s website — https://www.fifin.com/api/tradefora
Fig. 1 — Figure Finance market benchmark widget powered by Tradefora.
This is the 1st in a series of Tradefora’s widgets designed for media portals and regulators, which displays Tradefora Composite Index (TCI) based on the price feeds from over 100 retail FX brokers. It supports 140+ trading instruments, including most popular FX pairs, precious metals, energy and crypto instruments. This widget makes it very easy for traders, brokers and regulators to verify where was the average market price at any given time by Bid and Ask pricing and different time frames.
“We are very happy to see the spreading adoption of Tradefora’s technology and price quality benchmarking in the industry. This is an important step towards greater transparency in the OTC space, which is what we are striving for”, mentioned Tradefora’s co-Founder and CEO Pavel Khizhnyak. “We are grateful to Figure Finance for the support”, — he added.
In December 2018, Tradefora’s widget was integrated by another popular media portal in China YOCA Net — http://www.yocajr.com/tradefora and earlier in 2018 by prominent non-government regulator Financial Commission — https://financialcommission.org/tradefora, which is used as one of the key tools in the dispute resolution process.