FlexTrade continues to form alliances to add services to its EMS
FlexTrade Systems has partnered with Markit and will integrate its TCA system into its EMS platform, enabling users to obtain relevant pre-trade data and access TCA-related tools. The announcement comes less than a week after FlexTrade added unbundled, MiFID II compliant institutional research to its FlexTRADER systems via a partnership with RSRCHXchange. 

FlexTrade Systems has announced its partnership with RSRCHXchange to provide institutional research for its execution management system (EMS) users.

Traders and asset managers who use FlexTrade’s EMS will have access to MiFID II compliant and unbundled research.

Andy Mahoney, director of business development at FlexTrade said the integration allows “traders to actively monitor research from a variety of providers directly from their trading blotter.”

New research will be published on FlexTrade’s trading blotter, to be used as an “indicator in FlexTrade’s low-touch order automation.”

Co-founder at RSRCHXchange, Vicky Sanders said FlexTrade’s buy-side traders “Can alert their portfolio managers to the availability of new, relevant research.”

FlexTrade is the latest firm to have joined RSRCHXchange’s platform.

Prime broker, Global Prime Partners announced last week it had chosen to use RSRCHXchange’s platform to provide research for its clients.