Execution management system vendor FlexTrade Systems, which specialises in multi-asset algorithmic execution management systems, is now offering direct access to FXMarketSpace, the centrally-cleared FX platform for the over-the-counter market.
“The recent introduction of FXMarketSpace to the market is a landmark event in the evolution of FX trading,” says Vijay Kedia, president and CEO of FlexTrade Systems. “Our connectivity to it was never a question of ‘why’, but of ‘how’ quickly we could establish the relationship. Its trading anonymity and price transparency presents the ideal environment for clients interested in executing trades in the OTC market,” he notes.
FlexTrade clients will connect via FlexFX, the company’s foreign exchange trading application. “FXMarketSpace aims to meet the needs of a diversified trading community by providing access through a variety of different methods,” says Mark Robson, CEO of FXMarketSpace. “By connecting to a robust and flexible software solution from a global leader like FlexTrade, we are able to broaden and deepen market participation. We appreciate FlexTrade’s support with our new venture and look forward to a prosperous working relationship,” he continues.