FlexTrade Systems and the London Stock Exchange Group (LSEG) have recently formed a strategic partnership aimed at providing enhanced access to LSEG’s FXall electronic trading platform for global currency products.
This initiative targets clients using FlexTrade’s FlexTRADER EMS, with the goal of strengthening regulated FX flows and improving FlexFX capabilities within the buy-side multi-asset trading platform.
LSEG’s FXall business is recognized for offering “dealer to client” trading and FX workflow solutions, granting clients access to liquidity from a vast network of over 200 bank and non-bank market makers.
With its global licensing and dedicated teams ensuring regulatory compliance, FXall stands out as a leading electronic trading platform in the industry.
Jill Sigelbaum, Head of Strategic Development & Partnerships, FX, at LSEG, expressed enthusiasm about the partnership, stating, “We are delighted to join forces with FlexTrade to provide clients with an enhanced multi-asset offering.
Our priority at LSEG is to understand our clients’ FX needs and meet them where they want to trade.
By combining FlexTrade’s customizable interface with FXall’s world-class, regulated liquidity pools, the offering provides the strongest end-to-end solution in the market today.”
This partnership will enable mutual clients to access FXall execution services directly within the FlexFX EMS. This integration empowers users to tap into FXall’s extensive global liquidity network, covering spots, forwards, swaps, NDFs, and options, all executed in regulated environments like MTF and SEF.
Furthermore, FlexTrade’s liquidity and automation capabilities, including FlexAlgoWheel, can seamlessly complement FXall’s liquidity, streamlining low-touch FX orders.
FlexTrade and LSEG plan to offer this integrated solution to new mutual clients while still providing independent FX solutions through FlexFX EMS and FXall.
Uday Chebrolu, Senior Vice President and Head of FlexFX, commented on the collaboration, saying, “Our collaboration with FXall demonstrates our commitment to delivering a comprehensive FX solution, supporting regulated FX flows, and providing access to global liquidity.
Through a seamless integration of FlexFX with FXall, trading teams can have a single interface and technology approach to FX execution.
Moreover, the integration of FlexFX into the FlexTRADER EMS will continue to deliver zero-compromise, market-leading capabilities to our multi-asset clients.”
In summary, the strategic partnership between FlexTrade Systems and LSEG’s FXall is set to elevate the accessibility and efficiency of FX trading for their mutual clients, offering a comprehensive solution that enhances FX execution capabilities while ensuring regulatory compliance.