FlexTrade Becomes an ISV at Bahrain Exchange
The Bahrain Financial Exchange (BFX) has signed an agreement with FlexTrade Systems to operate as an independent software vendor (ISV) of the BFX.
Under this agreement, FlexTrade Systems will provide front-end trading technology via its FlexTrader execution management system (EMS) to the members of the BFX. FlexTrader, a multi-asset solution with pre-defined strategies and tactics for portfolio and single stock trading, provides real-time and post-trade analytics (FlexTQM), predictive analytics (FlexEdge), and risk- and cost-optimized portfolio trade scheduling (FlexPTS). It features advanced integrations with major order management systems, integrated real-time allocations and cash management, smart order routing, complex event processing, commission management, and transaction and indication of interest (IOI) quality management.
The BFX offers four additional connectivity systems, which include FFastFill, RTS Realtime Systems, Automated Trading Technologies and ODIN since the launch of its derivatives' division in November 2011.
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