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FlexTrader EMS receives platinum certification from Nasdaq

22 May 2007  |  1742 views  |  0 Source: FlexTrade Systems

FlexTrade Systems, the pioneer in multi-asset algorithmic execution management systems, today announced its FlexTRADER EMS has been “Platinum Certified” by The NASDAQ Stock Market, the largest electronic equities exchange in the United States.

The platinum designation is the top classification for NASDAQ's Certified Partners Program, which was created to inform market participants about service bureaus that provide the highest levels of NASDAQ functionality, access and timely implementation of enhancements. Platinum member service bureaus, such as FlexTrade, are certified when their trading products are proven to provide access to NASDAQ's enhanced order types and routing strategies, access to the Opening and Closing Crosses, as well as many other NASDAQ features. In addition, Platinum firms implement enhancements within 30 days of any changes made to the NASDAQ system.

"I am delighted that FlexTRADER has been counted among the small group of service bureaus to receive the platinum certification," said Vijay Kedia, president and CEO of FlexTrade. "Market participants can rest assured that FlexTrade's solutions will always provide the optimum level of functionality and service they have come to expect when processing trades though NASDAQ."

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