Receives Honor at Second Annual WSL Institutional Trading Awards 2013
FlexTrade Systems, Inc., a global leader in multi-asset execution and order management systems, today announced it has won the “Best Equities Trading Platform: Cross Asset” category at the second annual Wall Street Letter Institutional Trading Awards 2013 ceremony, which was held at Cipriani in New York on February 13.
“It’s an honor to receive this award,” said Vijay Kedia, President and CEO of FlexTrade. “Cross asset trading and trading multiple asset classes simultaneously has become much more prevalent over the last few years. With the FlexTRADER EMS, traders can trade equities, foreign exchange, equity options and futures in a cross asset fashion.”
The WSL Awards are designed for brokers, exchanges and trading platforms operating within the institutional trading industry who have proved themselves over the course of 2012. The judging process, using an independent panel made up of industry experts, was based on a mixture of qualitative and quantitative performance indicators.
FlexTRADER is a multi-asset execution management system for trading individual securities or portfolios in equities, FX, equity options, futures as well as fixed income. It provides out-of-the-box cross asset trading strategies which can be customized, global access to broker algorithms, as well as the ability to build proprietary algorithms. The platform also provides organically developed pre-trade, real-time and post-trade analytics (FlexTQM), predictive analytics (FlexEdge); risk and cost optimized portfolio trade scheduling (FlexPTS); advanced integrations with major OMSs; integrated real-time allocations and cash management; smart order routing; a fully integrated high performance Complex Event Processing (CEP) engine; commission management; complete transaction and IOI quality management, and a dynamic strategy matrix. In addition to equities, FlexTRADER facilitates foreign exchange trading via the award winning FlexFX, while equity options and futures trading are administered by FlexOPT, Derivix and FlexFutures, respectively. For fixed income trading, the system is certified to trade US treasuries as a member of the BGC Partners Preferred Vendor Program.