FlexTrade Connects to Spot+, EBS Market

Order and execution management systems provider FlexTrade has connected its FlexFX platform to CME Group’s FX Spot+ and EBS Market venues.

The integration means mutual clients are able to access liquidity on both platforms, as well as add more potential trading channels to optimise execution through FlexTrade’s Algo Wheel.

“The past 12 months have once again demonstrated the critical role that EBS Market performs in the FX market,” says Paul Houston, global head of FX products at CME Group. “Through FlexTrade’s interfaces, mutual clients can now more easily interact with the firm pricing on our anonymous EBS Markets spot and NDF liquidity, as well as FX Spot+ which allows spot traders to access the futures ecosystem and the FX futures liquidity in spot format.”

Uday Chebrolu, SVP, FX and digital assets at FlexTrade Systems, adds, “New innovations and partnerships drive demand to bring more FX liquidity into the EMS to further optimise electronic trading. This data, in turn, produces continuous improvements in trading performance, efficiency, and speed. In this way, integrating CME Group’s solutions into our platform helps FlexFX clients maximise their use of multi-asset offerings to gain even greater trading efficiencies.”