Abu Dhabi-based foreign exchange (FX) platform provider has rolled out FlexTrade's Orex system to support its institutional and professional client base.
Orex, a packaged product, includes MaxxTrader as a front-end system and FlexFX for the trading and risk management engines. Designed for high-frequency trading (HFT), the platform allows for custom algorithms, client-to-client trading, aggregated spot liquidity and white labelling.
"We have been looking for a robust, scalable platform that will offer our institutional Optim clients the functionality they require in a low latency environment," says Marc Aspinall, head of global sales at ADS Securities. "We believe that Orex is an impressive solution and when it is linked into the mix of liquidity we have available it is a very compelling offer. Orex will be available to all clients across Europe, North America and Asia as well as the Middle East. The addition of the FlexTrade servers to our own main market sever network will ensure the low latency which is now a pre-requisite for all institutional FX trading."
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