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 CONNECTED EXECUTION CHAIN
An integrated liquidity and execution networkInstitutional flow connects through an execution and control layer to multiple liquidity providers and venues. Analytics informs the whole chain. Conceptual diagram. INSTITUTIONAL FLOWLIQUIDITY & VENUES Execution & control Systematic strategiesClient executionTrading desksHedging requirements Liquidity providersElectronic venuesPricing relationshipsMarket access ANALYTICS INFORMS EVERY CONNECTION

The right relationships. A coherent liquidity network.

Conceptual architecture
MARKET STRUCTUREEXECUTION ENGINEERINGANALYTICAL DEPTHDiscover Exemetry
30years

Founder’s experience
across buy side & sell side

Multi-$bn

Daily FX flow in
historical client mandates

≈100µs

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.

FROM 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.

01 /

Client access

  • Trading interfaces
  • Professional-client APIs
  • Positions & reporting
02 /

Trading capability

  • Pricing & aggregation
  • Algorithmic order routing
  • Market-making technology
03 /

Market access

  • Liquidity relationships
  • Venues & connectivity
  • Low-latency infrastructure
THE OPERATING FRAMEWORK

Prime brokerage & credit arrangements

Treasury, collateral & risk

Settlement & reconciliation

A client-specific architecture, with delivery scope defined for each engagement.

How we work
Market dataOrder decisionsFills & outcomesEXECUTION EVIDENCECosts · Liquidity · Fill qualityDefine. Compare. Interpret. Act.Illustrative analytical framework

EVIDENCE 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 analytics

BUILT AROUND YOUR BUSINESS

Different mandates.
The same attention to detail.

Who we work with
01 /

Buy-side institutions

For systematic managers, proprietary trading firms and other professional participants whose strategies depend on execution quality.

02 /

Brokers & sell-side firms

For firms developing their liquidity network, improving hedging or building a more differentiated institutional FX offering.

03 /

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.

01

Understand

Your objectives set the direction.

02

Design

Connect the commercial and technical choices.

03

Build & validate

Establish a controlled path to implementation.

04

Manage & refine

Keep the system aligned with your business.

Our approach in detail
One mountaineer reaches down to help another on a rocky summit

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 approach

LET’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