FlexTrade Launches Mottai Trader in Australia in Partnership with FP Markets
April 2, 2024 | By: Matthew Halicki
Retail investors play pivotal role in driving innovation in Australian trading technology.
Sydney, April 3, 2024 – FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, has partnered with FP Markets, an Australian leading broker in Foreign Exchange (Forex) and Contracts for Differences (CFD) trading, to launch Mottai Trader, a cutting-edge trading platform that prioritizes speed, user experience, and customization to simplify trading workflows with automation that adjusts to ever-changing market conditions for Active Traders at their fingertips.
Australian Active Traders have been frustrated by the limited choice in local platforms, insufficient technology investment in R&D from local vendors, and lack of engagement between end-users and vendors. In response, FP Markets has collaborated with FlexTrade to launch a new multi-asset trading platform – Mottai Trader. The platform’s flexible solution within an open architecture is designed to deliver a seamless and tailor-made journey to each trader, evolving along with their needs. With over three decades of market expertise in the industry, FlexTrade not only offers a stable, integrated solution to ensure smooth and scalable trading operations, but also empowers traders with dedicated local support whenever and wherever they trade as well as customization such as personalizing their widget library to cater to their trading strategies.
“We’re thrilled to launch Mottai Trader in partnership with FP Markets and deliver this solution to the Australian market. We believe that there is no better way to build software for Traders than with Traders. Through a series of workshops and working groups, FP Markets have helped us craft a solution that not only addresses the concerns of their users but also provides richer functionality when compared to incumbent systems. This has resulted in a web-based platform that redefines user experience, speed, and customization, something that has been eagerly awaited by Australian retail brokers and investors.”
James Hammond, Vice President, APAC at FlexTrade
“FP Markets is excited to spearhead the launch of the Mottai platform to the Australian trading community. Mottai has enabled us to expand our product offering and provide a fully bespoke trading platform to our client base. We have been trialing the new platform with a select number of clients over the last few months and the response has been outstanding. We look forward to continuing our strong partnership with FlexTrade as we continue to offer the best conditions for the Australian trading community.”
Thomas Roberts, General Manager APAC at FP Markets
With the launch of Mottai Trader, FlexTrade has also partnered with ASX to become a certified Market Data Vendor, distributing ASX content and analytics to clients and leveraging key infrastructure provided by ASX.
“ASX welcomes FlexTrade as a new Market Data Vendor and is proud to have been selected as a strategic partner for the innovative Mottai platform, leveraging ASX’s Australian Liquidity Center (ALC) and ASX Net’s high-bandwidth, low-latency network as key components for the distribution of ASX data and analytics. By utilizing ASX’s robust infrastructure and accessing the extensive ecosystem within the ALC, FlexTrade will enjoy enhanced reliability, security, and performance, reinforcing ASX’s position as a trusted partner in the Australian financial landscape.”
Diccon Close, General Manager, Information Services and Connectivity
About FlexTrade Systems
FlexTrade Systems is a global leader in high performance multi-asset execution management and order management systems for equities, fixed income, foreign exchange, futures, options, and digital assets. A pioneer in the field, FlexTrade is internationally recognized for introducing FlexTRADER®, the world’s first broker-neutral, execution management trading system, which allows clients to completely control and customize their execution workflows through a comprehensive ability to search/access liquidity while maintaining the confidentiality of their trading strategies.
About FP Markets
FP Markets is a global broker offering traders access to a full suite of CFDs across FX, Equities, Cryptos, Commodities and Futures
About ASX
ASX (Australian Securities Exchange) is an integrated exchange offering listings, trading, clearing, settlement, technical and information services, technology, data and other post-trade services. It acts as a market operator, clearing house and payments system facilitator. It oversees compliance with its operating rules, promotes standards of corporate governance among Australia’s listed companies and helps to educate retail investors. ASX operates markets for a wide range of asset classes including equities, fixed income, commodities and energy. As an integrated exchange, ASX’s activities span primary and secondary market services, including the raising, allocation and hedging of capital flows; trading and price discovery; central counterparty risk transfer; and securities settlement for both the equities and fixed income markets.