New York, April 10, 2017 – FlexTrade Systems, a global leader in multi-asset execution and order management systems, today announced that Quantopian, a quantitative investment firm, has deployed FlexONE, the company’s new order / execution management system (OEMS) for the buy side.
Quantopian, an investment firm that offers a free online platform for education and the creation of institutional-quality investment algorithms, currently has more than 120,000 members.
“Quantopian is already well-known for having a leading, institutional-quality platform for quants to create and test investment algorithms,” said Dragan Skoko, Head of Trading at Quantopian. “Now, we have an industry-leading trading platform that further distinguishes us and the offering that we provide to investors. FlexTrade’s FlexONE is a key part of our new trading infrastructure and helps streamline Quantopian’s order management and middle office workflows.”
“We are pleased to partner with Quantopian, a forward thinking leader in the quant space, to offer our next generation OEMS,” said FlexTrade’s Aaron Levine, Vice President, OEMS Solutions. “We are equally pleased to have delivered on the high performance and low latency workflows set forth by Quantopian. With FlexONE, Quantopian can handle not just the needs of today but scale appropriately as their business grows. ”
FlexONE, FlexTrade’s all-inclusive order/execution management system (OEMS), is designed to facilitate and streamline the demanding trading requirements of global hedge funds and quantitative investment firms. A multi-asset platform handling equities, FX, options, futures and fixed income, FlexONE facilitates hi-performance throughput of orders, compliance checking, real-time P&L and position management.
Levine went on to say: “The demands of the buy-side continue to evolve and we are excited to offer customers, such as Quantopian, a full OEMS solution to go beyond trading and solve upstream compliance and operational needs. As the front, middle, and back office morph into more consolidated workflows, FlexTrade’s goal is to layer in OMS functionality to our award-winning EMS platform, FlexTRADER, offering a best-of-breed solution for the most complex workflows.”
Founded in 1996, FlexTrade Systems Inc. is the industry pioneer in broker-neutral order and execution management trading platforms for equities, foreign exchange, listed derivatives and fixed income. With offices in North America, Europe and Asia, FlexTrade has a worldwide client base spanning more than 175 buy- and sell-side firms, including many of the largest investment banks, hedge funds, asset managers, commodity trading advisors and institutional brokers. For more information, visit FlexTrade Systems atwww.flextrade.com or follow news of the company on Twitter at www.twitter.com/flextrade or LinkedIn athttp://www.linkedin.com/company/flextrade.
Quantopian inspires talented people from around the world to write investment algorithms. They provide capital, data, education tools, and infrastructure to algorithm authors. Quantopian offers license agreements for algorithms that fit its investment strategy, and the licensing authors are paid based on their strategy’s individual performance. Quantopian provides everything a quant needs to create a strategy and profit from it.