FlexTrade Releases Cross-Currency Spreading Tool

Execution management system (EMS) provider FlexTrade has released its FlexSpread standalone cross-currency spreading platform for the Asian, European and North American equities markets, vendor officials announced today.

The new offering supports pairs trading strategies, where traders seek to short one security while going long in another security in an equal dollar amount, or in a dollar ratio, and various risk arbitrage strategies, according to vendor officials.

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