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Author: James Rundle
Source: Sell-Side Technology | 15 Aug 2011
Categories: Trading Technologies and Strategies
Topics: foreign exchangeFlextrade
FX Fifty Five, the foreign exchange (FX) division of Market Securities Kyte Group, will use FlexTrade Systems' MaxxTrade white-labeled software.
MaxxTrade is a front-end solution delivered on an application service provider (ASP) basis for sell-side firms. It offers order routing from client to client, trading desks or liquidity providers. It incorporates real-time prime broker reporting, an integrated order management system (OMS) and turnkey provision, as well as aggregated liquidity information from multiple sources.
"We are delighted with our partnership with FlexTrade," say FX Fifty Five's Adil Soyfoo and Nathan Halfon, in a joint statement. "MaxxTrader not only helps us provide a high standard of customer service, but it also manages and polices our liquidity in a highly efficient way, which is crucial to operating a pure FX agency."
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