FlexTrade Wins Best Algorithmic Trading Technology Vendor Award for Third Consecutive Year

Great Neck, NY - 2 July 2008

FlexTrade Systems, Inc., a leader in multi-asset algorithmic execution management systems, today announced it has been named by FX Week for the third consecutive year as Best Algorithmic Trading Technology Vendor in the world.

The award, given by the editors and judges of FX Week during their fifth 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.

FlexFX, a truly 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.

“We are pleased and honored to be chosen once again for this high distinction,” said Vijay Kedia, president and CEO of FlexTrade. “Winning this award for the third consecutive year is a validation of all the hard work and time our FX staff has put into FlexFX to keep it ahead of the curve in development and functionality.”

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