Quasar logo

Quasar

by ION · Since 1998
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SoldAvailable globallyCloud
Quick facts
VendorION
Year launched1998
StatusSold
Location1021 W Hastings St, 14th floor , Vancouver, British Columbia V6E 0C3, CA
Countries servedGlobal
Languages11
Integrations1+
Free tier
Free trial
Contact salesYES

About Quasar

Quasar is a data analysis software from ION that provides insights into complex datasets. It includes advanced analytical tools, customizable reporting features, and data visualization capabilities so users can better interpret and present their data findings. Quasar supports a variety of data formats, enabling integration with existing systems and improving accessibility for different team members. Additionally, it offers collaboration features that allow multiple users to work on data projects simultaneously. Key capabilities: advanced analytics customizable reporting data visualization multi-format support collaboration tools Best for: data analysts and businesses that need in-depth data analysis and reporting solutions.

Aphelion eFX by ION represents a sophisticated and fully integrated trading platform engineered for the institutional foreign exchange (FX) market. It is a powerful end-to-end solution that addresses the complex requirements of banks, asset managers, hedge funds, brokers, and corporations with significant currency exposure. The platform’s design philosophy is grounded in optimizing every aspect of the FX trading lifecycle, from real-time pricing and liquidity sourcing to execution, compliance, and reporting. What sets Aphelion apart is not merely the breadth of its functionality, but the way these capabilities are fused into a unified infrastructure that prioritizes performance, scalability, and compliance. As FX markets continue to evolve toward greater automation, transparency, and regulatory scrutiny, Aphelion eFX appears to offer a timely and well-engineered solution for institutions seeking to remain competitive and agile in a high-frequency, data-driven trading environment. One of the most compelling features of Aphelion is its low-latency architecture, which is purpose-built for environments where milliseconds can determine profitability.

Pros & Cons

What users like
  • +End-to-End FX Trading Solution: Provides a comprehensive foreign exchange pricing, trading, and distribution platform.
  • +Low-Latency Architecture: Enables fast, accurate, on-market pricing without integration points or external protocols.
  • +High Performance & Profitability: Improves First-to-Respond-Ratios (FRRs) and hit-ratios on multi-bank platforms.
  • +Connectivity: Integrates with major liquidity providers and ECNs, including FXall, Bloomberg, 360T, and Currenex.
  • +Secure Hosted Solution: Ensures a reliable and compliant trading environment.
  • +Industry Recognition: Award-winning platform acknowledged for innovation, low-latency trading, and market surveillance.
What users flag
  • Potential Complexity: Advanced trading architecture may require familiarity with FX markets for effective use.
  • Integration Costs: While the initial implementation is simple, connecting additional liquidity sources may involve expenses.
  • Market-Specific Focus: Primarily tailored for institutional FX trading—less relevant for casual or retail traders.
  • Dependence on External ECNs: Performance may vary based on connectivity to liquidity providers.

Features

Key features

Complete End-to-End FX Solution
Aphelion eFX provides a comprehensive suite of tools covering foreign exchange pricing, trading, and distribution within a single integrated platform.
Low-Latency Architecture
The system is built with a focus on speed, minimizing delays from integration points and intersystem communication, leading to faster price dissemination and order execution.
High-Performance Quoting
Enables clients to provide fast and accurate, on-market prices, resulting in improved First-to-Respond Ratios and higher hit ratios on multi-bank platforms.
Extensive Liquidity Provider Connectivity
Offers connections to a wide array of liquidity sources, including major global banks and various ECNs like FXall, 360T, and Bloomberg.
Integrated Regulatory Compliance
The solution incorporates features to aid in meeting various regulatory requirements such as Dodd-Frank, EMIR, ESMA (Norway), and MiFID II.
White-Label Trader Portal (SDP)
Provides the ability to offer a branded trading portal to end-customers and subsidiary banks for direct market access.

Additional features

Complete, end-to-end foreign exchange trading solution
Offers a full spectrum of functionalities for FX operations.
Foreign exchange pricing
Enables the generation of accurate and timely FX quotes.
Foreign exchange trading
Provides tools for executing FX transactions.
Foreign exchange distribution
Facilitates the dissemination of FX prices and trading capabilities to clients.
Connect to a range of liquidity providers and ECNs
Offers connectivity to various sources of FX liquidity.
Connectivity to major global banks
Links to large financial institutions for FX liquidity.
White-label single dealer platform (SDP)
Allows for offering a branded trading platform.
Connectivity to FXall
Integrates with the FXall electronic communication network.
Connectivity to 360T
Integrates with the 360T multi-dealer trading platform.
Connectivity to Bloomberg
Connects with the Bloomberg terminal for FX trading.
Connectivity to Currenex
Integrates with the Currenex ECN.
Complete, integrated solution
Offers all necessary components within a single system.
Quick and simple to implement
Designed for efficient deployment.
No need for extensive development or integration teams
Reduces the resources required for setup.
New requirements developed within the existing architecture
Allows for future enhancements without major integration costs.
Secure hosting
Provides a safe and reliable environment for the platform.
Low-latency pricing and trading solution
Minimizes delays in price dissemination and trade execution.
Fast, accurate, on-market prices
Enables the provision of competitive and timely quotes.
Low-latency architecture
Built for speed and efficiency.
Free from integration points
Reduces potential bottlenecks and delays.
Free from intersystem communication
Minimizes delays caused by data transfer between systems.
Free from external protocols
Streamlines communication within the platform.
Higher, more profitable volumes
Aims to increase trading activity and profitability.
High-performance quoting
Enables the generation of fast and accurate quotes.
Secure hosted solution
Provides a safe and reliable environment for the platform.
Regulatory compliance
Includes features to help meet regulatory obligations.
Pricing engine
The core component for generating FX quotes.
Rules and decision engine
Allows for the configuration of trading rules and automated decision-making.
Margin module
Manages margin requirements for trading.
Credit check system
Facilitates credit assessments for trading partners.
Order service
Handles the processing of trade orders.
Limit order management
Manages and executes limit orders.
FX reports, MIS, and TCA (Transaction Cost Analysis)
Provides tools for reporting, management information, and transaction cost analysis.
Audit module
Enables tracking and logging of system activities for compliance.
Liquidity management
Tools for managing and optimising FX liquidity.
Aggregation
Combines liquidity from multiple sources.
Auto-hedging (both back-to-back and position based)
Automates hedging strategies based on individual trades or overall positions.
Smart order routing (SOR)
Directs orders to the best available execution venues.
Algorithmic trading
Supports the implementation of automated trading strategies.
Best executable price algorithm
Ensures orders are executed at the most favourable price.
Internal crossing
Allows for matching trades within the platform.
White-label trader portal (SDP)
Provides a branded trading interface for clients.
Subsidiary bank white label portal
Offers a branded portal for subsidiary banks.
Connectivity to multi-bank platforms
Integrates with platforms offering liquidity from multiple banks.
Retail portals
Provides trading interfaces for retail clients.
FIX distribution API
Enables price and order distribution via the FIX protocol.
Connectivity to any third-party or in-house portal
Allows integration with custom or external platforms.
Dodd-Frank Act compliance
Includes features to help meet Dodd-Frank regulations.
Volcker Rule compliance
Includes features to help meet Volcker Rule regulations.
EMIR compliance
Includes features to help meet EMIR regulations.
ESMA (Norway) compliance
Includes features to help meet ESMA regulations specific to Norway.
MiFID II compliance
Includes features to help meet MiFID II regulations.
ISAE 3402 and SSAE16 Type II certification
Indicates adherence to specific security and control standards.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
11
Interface languages
18
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussianChineseJapaneseKorean.

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇸🇪SEK🇳🇿NZD🇲🇽MXN🇸🇬SGD🇭🇰HKD🇳🇴NOK🇰🇷KRW🇹🇷TRY🇷🇺RUB🇮🇳INR

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