FlexTrade has formally released FlexNOW, an out-of-the-box, broker neutral execution management system (EMS) for hedge funds and mini-primes that want a multi-asset trading system at the click of a button. The EMS supports MiFID II compliance and is designed to handle equities, futures and options trading.
It also offers connectivity to leading market data providers, integrates easily with any order management system (OMS) via FIX and API, and comes with built-in transaction cost analysis functionality. Zero touch onboarding and installation gets clients up and running in minutes.
Rhyd Lewis, FlexNOW product manager at FlexTrade UK, says: “By combining the one-click installation process with secure, online connectivity, we have greatly reduced the onboarding lead time for customers.”
FlexNow is available in Europe, the Middle East and Africa, and will be made available across other regions in coming months. Ahead of its formal release, FlexNOW has more than 200 live users including firms such as Albar Capital, PSG Capital and Wesleyan Assurance Society.