FlexFX

Foreign Exchange Execution Management System

FlexFX is our award winning, algorithmic trading and execution management system for sell-side institutions trading FX.  FlexFX offers advanced integration with OMSs as well as fully integrated post-trade allocation solutions. Trusted by the world’s largest investment banks and broker-dealers, FlexFX enables traders to manage and efficiently execute large numbers of orders (block size or small) across multiple value dates by optimally blocking/netting the SPOT component and accessing liquidity venues based on account restrictions.

Comprehensive Workflow

Advanced Integration with Leading OMSs, Third Party/FIX-Based Post-Trade Allocation Systems

Direct Liquidity Access

To More Than 100 FX Providers

Streaming Prices with Full Depth of Book

Handles Spots, Forwards, NDFs and SWAPs

Key Features & Benefits

Advanced Algorithmic Trading

  • Event handling software – Events can be captured and used to trigger an algorithm including movement in price, P&L, etc.
  • FlexTrade shields customers from any API development/changes.
  • Netting of trades to offset gains in positions with losses in others.

Cross Asset Trading From One Platform

  • FX – Spot, Forwards, NDFs and Swaps (RFSs and RFQs)
  • Futures
  • Equities
  • Equity Options

Fully Customizable

  • Algorithms
  • User Interface
  • Reporting

Streaming and RFQ Prices

  • Spot, Forward, NDF and SWAP streaming prices with full depth of book.

Direct Liquidity Access

Fully integrated and certified with more than 100 different FX liquidity providers, including:

  • Banks
  • ECN’s
  • Exchanges

TCA

  • FlexFX captures real-time tick-data including full depth of book from all liquidity streams for extensive post-trade analysis. In addition to comprehensive slippage analysis, we also quantify fill rates, reject rates, average fill-size and other valuable statistics. Please see FlexTCA for further information.

Full STP Integration

  • Automated real-time give-ups to major FX prime brokerages, banks, in-house middle/back office systems and other third-party vendors.
  • Complete allocation processes.
  • Open architecture providing APIs in C/C++/Java/COM for black box trading and integration with in-house order management/risk management systems.
  • Completely scalable and configurable for multiple traders over a network. FlexFX runs on Windows, Sun Solaris, and Linux operating systems.

Available as a Part of an Enterprise FX Solution

Combine FlexFX with our white label platform, MaxxTrader, to form a comprehensive turnkey FX front-office and e-commerce solution called Enterprise FX, which allows financial institutions to control and manage all aspects of their FX business – from trading and sales; overlay and positions; market connectivity to banks, ECNs and exchanges; pricing; e-commerce and white labelling; and risk and back-office management.