Implements Global FX Solution with MaxxTrader, A Turnkey ASP Front-End for Trading Spot Currencies & Precious Metals, & FlexTCA
Singapore, October 20, 2014 – FlexTrade Systems, Inc., a global leader in multi-asset execution and order management systems, has announced today that Blackwell Global has deployed MaxxTrader as its full STP and white label FX trading system to process spot currencies and precious metals, as well as FlexTCA for its analytic platform for real-time and historical transaction cost analysis.
Michael Chai, CEO of Blackwell Global, shares, “We’re confident that the new partnership with FlexTrade is a big step forward in strengthening our trade executions, offering clients access to better prices and deeper liquidity."
“We are very pleased that Blackwell Global has chosen FlexTrade to handle its trading needs in FX and transaction cost analysis,” said Manish Kedia, Managing Director of FlexTrade Systems Pte. Ltd. in Singapore. “With MaxxTrader and FlexTCA, Blackwell Global’s clients will experience a comprehensive platform that will aggregate, analyze and facilitate trading spot currencies in the global markets as well as precious metals.”
MaxxTrader is a complete turnkey, ASP front-end solution, allowing orders to trade directly from client to client, directly with the trading desk, or back-to-back with all liquidity providers. Designed to allow institutions to privately aggregate and issue price information to the markets and to clientele, the platform offers real-time prime broker reporting, an integrated OMS to better manage orders, with aggregated liquidity from more than 50 banks, ECNS and exchanges. MaxxTrader also provides Blackwell Global with an Admin Monitor functionality that will enable them to create, monitor and manage real-time trading activity (both GUI and API) through a single interface.
About FlexTrade Systems, Inc.
Founded in 1996, FlexTrade Systems Inc. is the industry pioneer in broker-neutral algorithmic trading platforms for equities, foreign exchange and listed derivatives. With offices in North America, Europe and Asia, FlexTrade has a worldwide client base spanning more than 175 buy- and sell-side firms, including many of the largest investment banks, hedge funds, asset managers, commodity trading advisors and institutional brokers. For more information, visit FlexTrade Systems at www.flextrade.com or follow news of the company on Twitter at www.twitter.com/flextrade or LinkedIn at http://www.linkedin.com/company/flextrade?trk=top_nav_home.
About Blackwell Global
Founded in 2010, the Blackwell Global companies (Blackwell Global) was established to offer brokerage solutions for private and institutional clients, along with other investment products. Blackwell Global is a Straight Through Processing (STP) brokerage providing superior liquidity and price feeds from top international banks, 24-hour technical support, market research tools, educational material, professional partnership programmes, and a fully integrated Blackwell Trader platform for its clients. Blackwell Global has a global presence in over 30 countries, with main offices in Australia, China, Cyprus, Nigeria, United Kingdom, Singapore and Vietnam.