FlexTrade Systems, Inc., a global leader in multi-asset execution and order management systems, has announced today that Blackwell Global has deployed MaxxTrader as its full STP and white label FX trading system to process spot currencies and precious metals, as well as FlexTCA for its analytic platform for real-time and historical transaction cost analysis.
Michael Chai, CEO of Blackwell Global, shares, "We're confident that the new partnership with FlexTrade is a big step forward in strengthening our trade executions, offering clients access to better prices and deeper liquidity."
"We are very pleased that Blackwell Global has chosen FlexTrade to handle its trading needs in FX and transaction cost analysis," said Manish Kedia, Managing Director of FlexTrade Systems Pte. Ltd. in Singapore. "With MaxxTrader and FlexTCA, Blackwell Global's clients will experience a comprehensive platform that will aggregate, analyze and facilitate trading spot currencies in the global markets as well as precious metals."
MaxxTrader is a complete turnkey, ASP front-end solution, allowing orders to trade directly from client to client, directly with the trading desk, or back-to-back with all liquidity providers. Designed to allow institutions to privately aggregate and issue price information to the markets and to clientele, the platform offers real-time prime broker reporting, an integrated OMS to better manage orders, with aggregated liquidity from more than 50 banks, ECNS and exchanges. MaxxTrader also provides Blackwell Global with an Admin Monitor functionality that will enable them to create, monitor and manage real-time trading activity (both GUI and API) through a single interface.