FlexTRADER EMS

Multi-Asset Portfolio and Single Security Trading

FlexTRADER® is the industry’s market-leading, multi-asset execution management system (EMS) that encompasses all facets of electronic and algorithmic trading, and is trusted globally by tier-one asset managers and hedge funds trading equities, FX, derivatives and fixed income for its unparalleled performance, quantitative analysis and worldwide connectivity to liquidity sources.

Global Multi-Asset Trading

Unmatched Worldwide Connectivity Across Asset Classes to Brokers, Dark and Lit Liquidity Venues, Exchanges and ECNs

Powerful Analytics & Visualization

Pre-Trade, Real-Time and Post-Trade Analytics Suite for Insightful Trading Analysis, Advanced Visualization

Seamlessly Integrated AlgoWheel with TCA Feedback

Fully Configurable AlgoWheel Leveraging Real-Time and Historical TCA

Key Features & Benefits

  • A single trading and analytics platform across all asset classes (listed and OTC)
  • Workflow and trade automation efficiencies to help decrease information leakage and trading costs
  • Quantified execution performance improvements through transparency and integrated data analysis
  • Simultaneous access to all sources of liquidity (multiple dark pools, broker algos, direct market access, alternative liquidity sources)
  • Advanced IOI functionality (actionable IOIs, reverse IOIs, real-time IOI quality analysis and filtering
  • Detailed value-added analysis of all counterparties and liquidity providers
  • A decision support fabric that empowers traders at mission critical moments with actionable information
  • Access to FlexAlgoWheel, an intuitive algo selection interface to optimize best execution
  • Global multi-asset TCA (reporting, alerting, at trade, pre-trade post-trade)
  • A comprehensive suite of value-added workflows for fixed income and other illiquid assets

Portfolio Trading

FlexTRADER EMS enables you to manage multiple portfolios comprised of several sub-accounts over many global destinations from a comprehensive blotter.

  • Block/Merge/Allocate across multiple accounts in real-time
  • Optimal access to liquidity based on account specific broker restrictions
  • Real-time portfolio constraints management (Sector /Industry/Cash/User Defined)
  • Real-time portfolio characteristics management (Liquidity Skew/Cross-Asset Risk)
  • Real-time trade cost estimates, transaction cost monitoring)
  • Comprehensive portfolio analytics
  • Advanced OMS integrations

Analytics

Utilize portfolio analytics that direct strategies based on historical and real-time information, such as volume profiles, volatility, spread and pricing data. Leverage our FlexEdge suite for predictive analytics and portfolio trading optimization and scheduling.

Flexibility

FlexTRADER EMS is designed to meet the requirements of buy-side institutions looking for a highly customizable platform to accommodate complex workflows across multiple entities, trading desks and asset classes.

Trading Strategies

FlexTRADER EMS provides a strategy matrix that enables you to segregate each portfolio into separate execution strategies while maintaining portfolio level control. In addition to providing full access to broker-provided algorithms and benchmark-driven strategies, such as VWAP, TWAP and Arrival Price, FlexTRADER EMS offers a comprehensive suite of pairs and arbitrage strategies, such as:

  • Cross currency multi-asset spread and pairs trading
  • Risk arbitrage
  • Convertible arbitrage
  • ETF

Each strategy can be configured to a trader’s preferences for aggressiveness and expediency, or placed into a larger strategy to manage portfolio characteristics, risk or cash restraints.

Routing

FlexTRADER EMS comes with a customizable smart order router, dark pool router and order replacement templates, as well as a full suite of rules-writing capabilities.

APIs

FlexTRADER EMS offers comprehensive APIs in C#/NET, Java, C++ and Python to automate any aspect of trading, such as:

  • Order placement / Cancel / Replace
  • Risk control, algorithm control
  • Manage any aspect of the order life cycle

FlexTRADER EMS also offers an industry-recognized, high performance, multi-threaded Algo Container with full access to a CEP engine, which enables implementation any proprietary algorithm.

 

Connectivity

Access to global trading destinations, including:

  • Primary Exchanges
  • Broker-Dealers
  • 20+ Dark Pools
  • ECNs
  • Liquidity Providers
  • ATSs

Available as a hosted ASP solution via fully-linked data centers in:

  • New York
  • Chicago
  • London
  • Frankfurt
  • Düsseldorf
  • Hong Kong
  • Singapore
  • Sydney
  • Tokyo