FlexTrade Systems, Inc., a leader in multi-asset algorithmic execution management systems, today announced it has been named by Financial-i magazine as the winner of its Leaders in Innovation Award for Best Execution Management System (EMS) for 2008.
The award, given by an advisory panel comprised of directors and research analysts from a wide swath of the industry, chose the FlexTRADER EMS as the most innovative execution management system of the last 12 months.
“We’re honored to be chosen for this high distinction,” said Vijay Kedia, president and CEO of FlexTrade. “Winning this award is a validation of our overriding goal to be at the forefront in the development and functionality of cutting-edge EMS technology.”
Algorithmic trading is the touchstone of FlexTRADER, a fully customizable EMS with pre-defined trading strategies and tactics for portfolio, sector and single stock trading. The platform provides organically developed pre-trade, real-time and post-trade analytics as well as risk and cost optimized portfolio trade scheduling (FlexPTS); advanced integrations with major OMSs; smart order routing; a sophisticated Dark Pool Router; a fully integrated high performance Complex Event Processing (CEP) engine; commission management; complete transaction and IOI quality management (FlexTQM); and a dynamic strategy matrix.
According to Bertrand Rassat, Managing Director of FlexTrade’s London Office, the award crowns many years of technological innovation. “It is a testimony of our steady and persistent drive to achieve excellence in the provision and the delivery of our execution management system.”
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