FXCM Group, LLC ("FXCM Group" or “FXCM”), a leading international provider of online foreign exchange trading, CFD trading and related services, together with the FlexTrade, a global leader in high performance execution management and order management systems for equities, foreign exchange, options, futures and fixed income, announced a technology partnership for FXCM’s institutional business and Flextrade’s “MaxxTrader” solution.
FXCM through FXCM Pro provide retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime.
Siju Daniel, Chief Commercial Officer of FXCM Group noted: “We are thrilled to partner with FlexTrade, a truly innovative and leading technology provider in the space.” Daniel added: “MaxxTrader is an End to End, dedicated and customizable solution covering all products including FX Spot, Swaps, NDFs, CFDs and Commodities across all the major hosting centers including NY4, LD4, TY3 and SG1.
“This coupled with FXCM’s leadership in supplying unique and tailored bank and non-bank liquidity, delivers a powerful offering to clients who require best in class across their technology and liquidity needs. FXCM Pro further differentiates itself by adding FlexTrade to its existing suite of robust solutions.”
Manish Kedia, Managing Director of FlexTrade APAC, stated: “FXCM is a leader in this space and ahead of the curve in terms of liquidity and pricing. And when you combine it with our “MaxxTrader” solution, it’s a win-win situation for clients interested in a comprehensive solution.
“FXCM Pro’s long-standing reputation of being fully client oriented made our decision to integrate with them an easy one. We are a firm believer in FXCM Pro’s vision and look forward to further collaborations.”