FlexTrade integrates with BMLL to offer asset managers pricing data

Through the integration, the BMLL Data Feed will be available to asset managers through the FlexTRADER EMS.

FlexTrade Systems has integrated with BMLL Technologies to offer pricing data and analytics from the BMLL Data Feed via its FlexTRADER execution management system (EMS).

BMLL’s Data Feed is pre-computed from Level 3 order book data and offers users insights across market quality, execution performance and available liquidity at different depths of the book.

Users can gain better insights on market behaviour and make more informed decisions to enhance their trading performance through access to BMLL’s pricing data within the FlexTRADER EMS blotter, delivered via API into FlexTRADER workflows.

“This partnership will provide our clients with more transparency – giving traders more choice at the right price point,” said Andy Mahoney, managing director, EMEA FlexTrade Systems.

“This means our clients will have more enriched pre- and post-trade analytics inside our FlexTRADER EMS blotter, helping them to analyse historical data to mate the best trading decisions by comparing analytics across the watch list and determine when to trade or spot any outliers.”

This is the second integration initiative by FlexTrade this year so far, after it integrated its EMS with heavyweight asset manager BlackRock’s Aladdin platform in May, to enhance its existing order and execution capabilities.

Through the integration of Aladdin and FlexTrade’s EMS, the combined platform provides mutual clients with a cross-asset system for the entire trading lifecycle.

“We are thrilled to partner with FlexTrade to make our historical data and analytics available to some of the world’s largest asset managers. Making sense of how the markets behave and having the tools to analyse long term cycles and trends, or backtest trading strategies, are crucial for all market participants looking to maintain a competitive edge,” said Paul Humphrey, CEO, BMLL.

“Our Level 3 T+1 data and scalable analytics capabilities complement FlexTRADER’s technology, helping firms navigate market complexity and make more informed trading decisions.”