GREAT NECK, N.Y. -- (BUSINESS WIRE) --
FlexTrade Systems, Inc., a global leader in multi-asset execution and order management systems, today announced it has been chosen as the Best Liquidity Aggregation Platform for FX at this year’s Profit & Loss Readers’ Choice Awards.
Now in its sixth year, the Profit & Loss Readers’ Choice Awards are voted for by the magazine's subscribers, thus reflecting readers' choice for customer segments, service segments and post-trade in FX.
“We are pleased to be recognized by the readers of Profit & Loss for our liquidity aggregation capabilities,” said Vijay Kedia, President and CEO of FlexTrade. “Our FX solutions offer advanced, flexible and dynamically configurable liquidity aggregation/filtering on the desktop as well as for algorithmic execution. Aggregation/filtering is based on multiple factors, such as trader, currency-pair, bank restrictions by account, trade size, and algorithm selection. Aggregation can also be optimized in real-time based on the set of accounts within a block and associated account restrictions. As a truly broker-neutral platform, FlexTrade offers transparent and efficient access to liquidity with direct point-to-point connections to liquidity providers in each instance. And with a worldwide network of nine data centers spanning the Americas, Europe and Asia, we are able to give traders local liquidity sources with minimal latency while capturing risk on a global or local basis. When you’re able to combine such quality aggregation with a globally recognized trading platform and suite of algorithms, the benefit to the trader is tenfold -- they are able to work multiple orders with varying characteristics from a single point across multiple venues, thus improving trade execution.”
Liquidity aggregation is available in both of FlexTrade’s FX trading solutions, which includes MaxxTrader, a complete turnkey ASP white label front-end system, and FlexFX, the company’s enterprise software solution for trading and risk management.
About FlexTrade Systems, Inc.
Founded in 1996, FlexTrade is the industry pioneer in broker-neutral, algorithmic trading platforms for equities, foreign exchange and listed derivatives. With offices in North America, Europe and Asia, FlexTrade has a worldwide client base spanning more than 175 buy- and sell-side firms, including many of the largest investment banks, hedge funds, asset managers, commodity trading advisors and institutional brokers. For more information, visit FlexTrade Systems at www.flextrade.com or follow news of the company on Twitter at www.twitter.com/flextrade or LinkedIn at http://www.linkedin.com/company/flextrade?trk=top_nav_home.
CONTACT:
FlexTrade
James Tolve, 516-304-3601
Cell: 516-395-0549
james.tolve@flextrade.com