FlexTrade certified by National Stock Exchange of India

Source: FlexTrade Systems

FlexTrade Systems, a global leader in broker-neutral multi-asset algorithmic trading systems, today announced its Asian subsidiary, FlexTrade Systems Pte. Ltd., is registered as a Foreign Independent Software Vendor (FISV) in the Capital Markets segment and Futures and Options segment of the National Stock Exchange of India Limited.

"This registration is another step in our expansion into Asia and provides our clients with a live feed to the National Stock Exchange of India for trading equities, options and futures," said Manish Kedia, Managing Director of FlexTrade Systems Pte. Ltd. in Singapore.

FlexTrade's trading solutions covered by the registration include:

FlexTRADER -- Our fully customizable flagship EMS with pre-defined trading strategies and tactics for both portfolio and single stock trading. The platform provides organically developed real-time and post-trade analytics as well as risk and cost optimized portfolio trade scheduling (FlexPTS); integrated real-time allocations and cash management; smart order routing; a fully integrated high performance Complex Event Processing (CEP) engine; commission management; complete transaction and IOI quality management (FlexTQM); and a dynamic strategy matrix.

FlexOPT -- A comprehensive options trading system for buyside and sellside institutions engaged in agency, facilitation and/or proprietary trading. The system provides direct access to all options exchanges, leading broker algorithms, fully customizable algorithms and various options trading strategies, such as dispersion trading, volatility trading and cross asset trading for quantitative trading, order management and execution management.

FlexOPT-RM -- A complete real-time risk and stress analysis platform whereby options traders can analyze risk by portfolios, sectors, traders, accounts or any level of aggregation/hierarchy.

FlexOPT-OMM -- A flexible order-driven market making platform for advanced options traders. It provides a comprehensive user interface for configuring an order strategy and a pricing engine that can be fully customized by the trader and loaded into the system as a dynamic module. Positions can be grouped and viewed at various levels, and a robust hierarchy of risk limits ensures that the trader can manage risk in real-timeime. The risk limits can be specified for position quantities, as well as Greeks such as Delta, Gamma and Vega.

FlexFutures -- A futures trading system built to seamlessly integrate with black boxes and other proprietary or third-party systems. It comes fully integrated with real-time allocations, compliance and broker restrictions, and is pre-loaded with a suite of rules-based trading execution strategies, including enhanced Icebergs and Time Slicing, which can also be used to execute exchange-listed calendar spreads.

Continued Kedia: "The FISV registration also complements our new Mumbai office, which was opened earlier this year to service clients in the Asia region." 

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