FlexTrade, a leader in broker-neutral and provider of multi-asset execution and order management systems has announced the official release of FlexNOW. The latest offering is unique broker-neutral EMS, which addresses the needs of hedge funds and mini-primes who require streamlined, multi-asset trading system at the convenience of a single click at their system.
The execution management system offers features like:
Multi-Asset, MiFID II Compliant Trading: The system ensures compliance with MiFID II regulations in all market segments including equities, futures and options while providing connectivity to leading market data providers. It also integrates with any order management system (OMS) via FIX and API and in-built transaction cost analysis functionalities.
Easy Installation: The system has a minimum turnaround time of installation process which helps to get clients up in a matter of time.
The system is currently available in Europe, the Middle East and Africa has already brought in more than 200 clients such as Albar Capital, PSG Capital and Wesleyan Assurance Society. According to the company officials, it will increase its reach across other parts of the globe in coming months and will be announced in coming months.
Rhyd Lewis, FlexNOW Product Manager said: “By combining the one-click installation process with secure, online connectivity, we have greatly reduced the on-boarding lead time for customers. We developed FlexNOW based on FlexTrade’s industry experience and the feedback of our clients and prospects,” continued Lewis. “It’s this user research that helps us provide fresh updates to the platform to keep the trading workflows as effective as possible.”
FlexTrade’s latest offering has already received positive feedback from some the leading market participants.
“FlexTrade is doing a great job for us,” said Michael Perry, COO of Albar Capital. “Their collaborative approach and fast response time means that we regularly see the benefits of our feedback incorporated in a same-day platform update.”
“We chose FlexNOW based on FlexTrade’s proven track record in the trading technology space, the easy installation process, and because of the platform’s access to a wide array of market data providers. Overall, we find FlexNOW to be an easy-to-use EMS that allows us to focus on trading and best execution,” said Lucas Howarth, Fund Manager at Wesleyan.