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December 21, 2023 - FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, and LSEG, have today announced a collaboration to offer FlexTRADER EMS clients seamless access to FXall, LSEG’s premier electronic trading platform for global currency products. The collaboration aims to facilitate regulated FX transactions and further enhance the capabilities of FlexFX as part of FlexTrade’s buy-side multi-asset trading platform.
LSEG’s FXall business provides robust "dealer to client" trading and FX workflow solutions, granting access to liquidity from more than 200+ bank and non-bank market makers. FXall is globally licensed, with dedicated teams ensuring compliance with existing and upcoming legal and regulatory requirements in the markets it serves.
The partnership between LSEG and FlexTrade will enable new mutual clients to access FXall execution services directly from the FlexFX EMS. By utilizing the highly customizable FlexFX front end, clients engaged in FX trading can tap into FXall's extensive global liquidity network, offering support for spots, forwards, swaps, NDFs, and options, all executable on FXall's regulated environments such as MTF and SEF. Additionally, FXall's liquidity can be seamlessly combined with FlexTrade's liquidity and automation capabilities, including FlexAlgoWheel, to streamline low-touch FX orders.
While offering the option of an integrated solution to new mutual clients, FlexTrade and LSEG will continue to provide independent FX solutions through FlexFX EMS and FXall, respectively.
Jill Sigelbaum, Head of Strategic Development & Partnerships, FX, at LSEG, commented: "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."
Uday Chebrolu, Senior Vice President and Head of FlexFX at FlexTrade, added: "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."
