Paris hedge fund takes FlexTrade OMS

NEWS ANALYSIS | IMPLEMENTATION | SYSTEIA CAPITAL LIVE WITH OMS FOR ALGORITHMIC TRADING

NEW YORK and PARIS – Systeia Capital Management, a Paris-based hedge fund with nearly $2 billion in assets under management, has implemented FlexTrade's FlexTrader trading and order management system in order to more stealthily execute its European equity trading strategies.

Installed at Systeia's statistical arbitrage fund desk, the FlexTrader system will provide the fund with pre-trade cost estimation, smart order routing for listed and OTC securities to some 50 broker/dealers, ECNs and

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