FlexTrade Recognized for Best Liquidity Aggregation in FX at 2013 Profit & Loss Readers’ Choice Awards

Great Neck, NY - 6 June 2013

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.

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