FXCM Integrates CFD Pricing Into FlexTrade's Technology
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FXCM Inc. /
FXCM Integrates CFD Pricing Into FlexTrade's Technology
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NEW YORK, Jan. 25, 2016 (GLOBE NEWSWIRE) -- FXCM Inc. (NYSE:FXCM) ("FXCM" or
"the Company"), a leading online provider of foreign exchange (FX) trading and
related services, with FlexTrade Systems Inc., a global leader in high
performance execution management and order management systems for equities,
foreign exchange, options, futures and fixed income, today announced the
integration of FXCM's CFD pricing into FlexTrade's technology. FXCM through FXCM
Pro focuses heavily on its wholesale business, which services brokers, funds,
and emerging market banks. The offering provides a bevy of products including
indices, energies, treasuries and precious metals.
A significant combination in the world of institutional CFD trading - FlexTrade
has become one of the first institutional Order Management Systems (OMS) to be
able to offer CFD's to their clients. Brokerage clients using FlexTrade's OMS
and retail trading solution can now utilize FXCM's wholesale CFD pricing and
liquidity to redistribute to their own clients alongside FX, allowing the broker
to manage their risk and outgoing price feeds all through one single technology
platform.
Brandon Mulvihill, Global Head of FXCM Pro stated, "We are absolutely thrilled
to partner with FlexTrade, a truly innovative and adaptive technology provider
in the space of retail broking. Of the top tier FX aggregators, FlexTrade has
been among the first of its kind to recognize fundamental differences that exist
between price making in FX and CFDs. Their comprehension of structural
distinctions with respect to clearing and redistribution of market data allowed
us to collaborate together in a way that precisely addresses demand from the
brokerage community."
Mulvihill added, "FlexTrade's superior FX aggregation technology, coupled with
FXCM's dominance in supplying unique, wholesale CFD liquidity delivers a
powerful offering to broker customers who require best in class across their
technology and liquidity needs."
According to Manish Kedia, Managing Director of FlexTrade APAC in Singapore,
integration of FXCM's CFD pricing into FlexTrade's OMS and retail trading
solution is a best of both worlds arrangement for the company's brokerage
clients. "When it comes to CFDs, FXCM is ahead of the curve in terms of
liquidity and pricing. And when you combine it with our own technology, it's a
win-win situation for clients interested in a comprehensive brokerage solution
for FX, Precious Metals and CFDs."
For more information contact an FXCM Institutional
representative Support(at)fxcmpro.com
About FlexTrade Systems, Inc.
Founded in 1996, FlexTrade Systems, Inc. is a global leader in execution and
order management systems for equities, foreign exchange, options, futures and
fixed income. With offices in North America, Europe and Asia, FlexTrade has a
worldwide client base spanning more than 175 buy-side and sell-side firms,
including many of the largest hedge funds, asset managers, commodity trading
advisors, investment banks and institutional brokers. For more information,
visit FlexTrade Systems at www.flextrade.com or follow news of the company on
Twitter at www.twitter.com/flextrade or LinkedIn
at http://www.linkedin.com/company/flextrade.
About FXCM Inc.
FXCM Inc. (NYSE:FXCM) is a leading provider of online foreign exchange (FX)
trading, CFD trading, spread betting and related services. Our mission is to
provide global traders with access to the world's largest and most liquid market
by offering innovative trading tools, hiring excellent trading educators,
meeting strict financial standards and striving for the best online trading
experience in the market.
Clients have the advantage of mobile trading, one-click order execution and
trading from real-time charts. In addition, FXCM offers educational courses on
FX trading and provides free news and market research through DailyFX.com.
Trading foreign exchange and CFDs on margin carries a high level of risk, which
may result in losses that could exceed your deposits, therefore may not be
suitable for all investors. Read full disclaimer.
Visit www.fxcm.com and follow us on Twitter (at)FXCM, Facebook FXCM,
Google+ FXCM or YouTube FXCM.
Jim Tolve
Director of Marketing and PR
516-304-3601
james.tolve(at)flextrade.com
FXCM Inc.
Jaclyn Klein, 646-432-2463
Vice-President, Corporate Communications
jklein(at)fxcm.com
investorrelations(at)fxcm.com
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Source: FXCM Inc. via GlobeNewswire
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Unternehmensinformation / Kurzprofil:
Datum: 25.01.2016 - 14:00 Uhr
Sprache: Deutsch
News-ID 446237
Anzahl Zeichen: 5684
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Town:
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