FlexTrade Systems, a UK based leading provider of multi-asset execution and order management systems announced direct availability of Liquidnet’s Targeted Invitations in its multi-asset trading blotter for equities in its latest announcement. This feature allows traders gain access to targeted natural liquidity from other Liquidnet buy-side members and select brokers directly to their parent order blotter. This feature is available for all traders with a minimum order size of 3 x LIS for EMEA equities, 25k shares/15% ADV in Americas, and $1.5M/25% ADV in APAC, and an average execution size of about $1.8M*. This feature allows traders gain critical advantage for achieving best executions owing to quick availability of actionable liquidity.
Traders gain access to liquidity via one or zero clicks based on the defined routing strategy located in targeted invitation thereby gaining full maintenance control allowing them to improve efficiency of their trades. The firm’s flagship platform – FlexTRADER is one of industry’s top multi-asset execution management systems with inbuilt native support for all aspects of electronic and algorithmic trading. The platform is highly trusted by players in global market across wide range of financial services – tier-1 asset managers, hedge fund operators and FX/Derivatives & Fixed Income players owing to its unparalleled performance, quantitative analysis and worldwide connectivity to liquidity sources. Another notable fact about this platform is its full customizable open architecture which has been designed and maintained by a strong team of 400 FinTech experts to unify trading solution with its EMS at the center.
Speaking about its targeted invitation offer, Andy Mahoney -Managing Director EMEA at FlexTrade Systems said “We are very excited to offer this innovative new functionality in partnership with Liquidnet. While highly targeted, actionable liquidity, with zero information leakage, has been available for some time in our parent order blotter, this really takes it to the next level. Targeted Invitations contain machine-readable instructions on what strategy the trader should employ, which is key to workflow optimization”.
Commenting on same note, Tony Booth – Head of Liquidnet Dublin added “Working with FlexTrade has allowed Liquidnet to deliver high quality, LIS actionable Targeted Invitation liquidity, directly into the trader’s EMS for immediate execution. This is part of a broader collaboration with FlexTrade which also includes delivering leading indicators and predictive signals from Liquidnet Investment Analytics to improve our mutual customers’ decision-making processes”.