SGX’s proposed acquisition of MaxxTrader for $125 million from FlexTrade Systems follows its acquisition of the remaining stake in BidFX in June last year.
Systematic hedge fund Dark Forest will use the OEMS from FlexTrade to consolidate its trading capabilities onto a single platform.
Execution Hub at UBS will combine FlexTrade’s open technology stack together with its own proprietary automation technology to route orders to the best liquidity provider.
FlexTrade’s MaxxTrader Foreign Exchange Platform will allow Equiti to offer traders liquidity aggregation, execution management, and institutional trading capabilities.
Through the integration, the BMLL Data Feed will be available to asset managers through the FlexTRADER EMS.
Through the expanded partnership, mutual clients can use the OEMS capabilities on the Aladdin platform from BlackRock alongside FlexTrade’s EMS capabilities.
QuantFEED market data from QuantHouse will give buy-side traders using the FlexTrade OEMS access to a single source of data connectivity.
The FlexNOW EMS from FlexTrade will help Lyxor Asset Management better navigate challenges posed by recent changes to working conditions.
The TY3 matching engine was developed in partnership with FlexTrade to provide reduced cross-region latency for clients.
Traders can access targeted actionable liquidity from Liquidnet via the FlexTrade EMS under new partnership.