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XFA Partners with Genesis Global to Automate FLEX Options Quoting

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Execution broker X-Change Financial Access (XFA) and Genesis Global, the low-code application development platform vendor, have partnered to introduce FLEX-FA, a new solution designed to automate the quoting process for flexible exchange options (FLEX options). This new platform significantly improves the speed and efficiency of quoting by standardising and automating request-for-quote (RFQ) processes, aiming to enhance liquidity and provide better price execution for end users.

Developed in just two months, FLEX-FA is powered by a Genesis-built FIX message hub and RFQ workflow manager, allowing XFA to electronically send RFQs to multiple market makers and aggregate their responses.

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