ICICI Securities Extends FlexTrade Deployment
Renews FlexTRADER EMS for Trading Equities, Options & Futures
Singapore, December 19, 2013 — FlexTrade Systems, an international leader in multi-asset execution and order management systems, today announced that ICICI Securities, an integrated financial services firm in India, has extended its agreement to use the FlexTRADER EMS for trading equities, options and futures.
“Algorithmic solutions constitute of some of the key services that our domestic and Foreign Institutional Clients demand. By on-boarding FlexTrade, we in ICICI Securities will continue to make investments in this space, and strengthen our ability to deliver best execution capabilities,” said Mr. Anup Bagchi, MD & CEO, ICICI Securities Ltd.
“Whether its equities, options, futures, FX, or any combination thereof, it has always been our mission to provide clients with the latest and very best in cutting-edge trading technology,” said Manish Kedia, Managing Director of FlexTrade Systems Pte. Ltd. in Singapore. “As such, we take great pride in ICICI’s decision to renew its commitment to use the FlexTRADER EMS.”
FlexTRADER is a multi-asset execution management system for trading individual securities or portfolios in equities, FX, equity options, and futures. It provides out-of-the-box cross asset trading strategies which can be customized, global access to broker algorithms, as well as the ability to build proprietary algorithms. The platform also provides organically developed pre-trade, real-time and post-trade analytics (FlexTQM), predictive analytics (FlexEdge); risk and cost optimized portfolio trade scheduling (FlexPTS); advanced integrations with major OMSs; integrated real-time allocations and cash management; smart order routing; a fully integrated high performance Complex Event Processing (CEP) engine; commission management; complete transaction and IOI quality management, and a dynamic strategy matrix.
About ICICI Securities
ICICI Securities Ltd is an integrated securities firm offering a wide range of services including investment banking, institutional broking, retail broking, private wealth management, and financial product distribution. Headquartered in Mumbai, ICICI Securities operates out of 66 cities and towns in India and global offices in Singapore and New York. ICICI Securities Inc., the step-down, wholly owned US subsidiary of the company is a member of the Financial Industry Regulatory Authority (FINRA) / Securities Investors Protection Corporation (SIPC). ICICI Securities Inc. activities include Dealing in Securities and Corporate Advisory Services in the United States. ICICI Securities Inc. is also registered with the Monetary Authority of Singapore (MAS) and operates a branch office in Singapore. http://www.icicisecurities.com/
About FlexTrade Systems, Inc.
Founded in 1996, FlexTrade Systems Inc. is the industry pioneer in broker-neutral algorithmic trading platforms for equities, foreign exchange and listed derivatives. With offices in North America, Europe and Asia, FlexTrade has a worldwide client base spanning more than 175 buy- and sell-side firms, including many of the largest investment banks, hedge funds, asset managers, commodity trading advisors 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?trk=top_nav_home.