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FlexTrade Wins “Best Algorithmic Trading Technology Vendor” Award for 2009

FlexTrade Systems, Inc., today announced it has been named by FX Week for the fourth consecutive year as Best Algorithmic Trading Technology Vendor in the foreign exchange market.

The award, given by the editors and judges of FX Week during their sixth annual US congress in New York, singled out FlexTrade’s FlexFX as being the best algorithmic trading solution for foreign exchange in terms of technology and the range of services provided to clients.

“Winning the Best Algorithmic Trading Technology Vendor award for the fourth consecutive year makes it clear that FlexFX remains the crème de la crème for algo trading in the foreign exchange market,” said Vijay Kedia, president and CEO of FlexTrade. “It’s a reflection of the unending commitment and dedication of our FX team in keeping the technology behind FlexFX a step ahead in terms of development and functionality.”

FlexFX, a broker neutral solution with unparalleled connectivity options, provides robust and flexible foreign exchange trading capabilities. The system helps to minimize market impact, transaction costs and risk exposure with an array of tools for implementing intelligent trading strategies, including user-defined analytics for real-time quantitative trading and order management. In addition, FlexFX operates as a real-time risk management tool, and allows traders to create individual trading strategies with fully customizable analytics and visual alarms coupled with integrated quantitative capabilities, smart routing connectivity and real-time data.