INSTITUTIONAL FX SPECIALISTS
FX liquidity
and execution.
Engineered
around you.
We design, build and manage liquidity networks, algorithmic order routing and execution analytics for institutional market participants.
The right relationships. A coherent liquidity network.
Conceptual architectureFounder’s experience
across buy side & sell side
Daily FX flow in
historical client mandates
Historical local
quote-reaction time
Context behind the figures
Experience: the founder’s career experience across buy side and sell side, including work predating the Exemetry brand.
Flow: historical client trading flow associated with liquidity-management mandates involving multi-billion-dollar daily FX flow. This describes mandate experience, not a current verified daily average or proprietary trading turnover under the Exemetry brand.
Reaction: historical daily medians of 96–134 microseconds over 28 April–9 June 2026. The interval runs from local receipt of the triggering price to immediately before the FIX send call. It excludes encoding, outbound-lock wait, TCP write and network/venue latency. It is not venue acknowledgement, a client-service latency commitment or end-to-end execution time.
A CONNECTED VIEW OF FX
The quality of execution
depends on the whole system.
We work with you from the initial diagnosis through network design, implementation and ongoing liquidity management. Relationships, routing and infrastructure work together — informed by the analytics to understand what is working and where to improve.
Liquidity networks & market access
Counterparty selection, liquidity relationships and market access designed around the characteristics of your flow.
Explore the capabilityAlgorithmic execution & order routing
Aggregation, algorithmic routing and connectivity that account for price, executable size, timing and completion.
Explore the capabilityExecution analytics & optimisation
Transaction-cost analysis, provider comparisons and market-microstructure research that make execution decisions more informed.
Explore the capabilityMarket-making technology
Engineering experience across pricing, quote management, automated hedging, risk controls and desk analytics.
Explore the capabilityFROM OBJECTIVE TO OPERATION
An integrated
FX capability.
Build around the business you want to develop. Connect the client proposition to the trading infrastructure and operating framework behind it.
Client access
- Trading interfaces
- Professional-client APIs
- Positions & reporting
Trading capability
- Pricing & aggregation
- Algorithmic order routing
- Market-making technology
Market access
- Liquidity relationships
- Venues & connectivity
- Low-latency infrastructure
A client-specific architecture, with delivery scope defined for each engagement.
How we workEVIDENCE BEFORE ASSUMPTION
See beyond
the spread.
Displayed prices tell only part of the story. Understand depth, trading charges, slippage, rejections and the behaviour of prices around your fills.
Our research connects execution costs to the conditions and decisions that created them.
Explore execution analyticsBUILT AROUND YOUR BUSINESS
Different mandates.
The same attention to detail.
Buy-side institutions
For systematic managers, proprietary trading firms and other professional participants whose strategies depend on execution quality.
Brokers & sell-side firms
For firms developing their liquidity network, improving hedging or building a more differentiated institutional FX offering.
Liquidity providers & trading desks
For market participants seeking a clearer view of flow, pricing contribution and the interaction between execution and liquidity relationships.
A DISCIPLINED WAY FORWARD
Understand. Build.
Measure. Refine.
Understand
Your objectives set the direction.
Design
Connect the commercial and technical choices.
Build & validate
Establish a controlled path to implementation.
Manage & refine
Keep the system aligned with your business.

A LONG-TERM WORKING RELATIONSHIP
A specialist partner.
For the whole journey.
Start with an in-depth understanding of your activity. Build the right network and execution framework. Keep refining it as your business and the market evolve.
Our contribution spans the commercial relationships, technology and detailed analytical work that make ongoing liquidity management effective.
Explore our approachLET’S EXAMINE THE OPPORTUNITY
What could better
execution mean for you?
Start with your objectives, your current setup and the questions you want answered.
Discuss your requirements