Blackwell Global Chooses FlexTrade as Technology Partner, MaxxTrader As Front-End Platform
- Blackwell picks MaxxTrader as its trading platform for foreign exchange and precious metals. With the platform offering advanced TCA features, Blackwell hopes to enrich the retail market with institutional delights.
Blackwell Global, the Cyprus-based FX and Precious Metals broker, has adopted MaxxTrader as its preferred Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term for margin FX and precious metal products for its retail clients.
MaxxTrader was developed and implemented under a white-label (WL) agreement with FlexTrade Systems Inc. The company specializes in developing trading platforms for equities, foreign exchange and listed derivatives. According to FlexTrade, its solutions are currently used by 175 institutions across the financial services industry.
The specialized platform also caters to institutional requirements such as transaction cost analysis via built in tool FlexTCA, which offers real-time and historical transaction cost analysis in trading global equities, FX, as well as derivatives for portfolios and single stocks. MaxxTrader also allows traders to analyze the performance of standard, algorithmic and strategic trading over time, thus helping to accurately identify the statistical performance of a trading strategy.
To coincide with the platform's launch, Michael Chai, CEO of Blackwell Global said: "We’re confident that the new partnership with FlexTrade is a big step forward in strengthening our trade executions, offering clients access to better prices and deeper Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term."
Manish Kedia, Managing Director of FlexTrade Systems in Singapore added, “With MaxxTrader and FlexTCA, Blackwell Global’s clients will experience a comprehensive platform that will aggregate, analyze and facilitate trading spot currencies in the global markets as well as precious metals.”
The unique selling point of MaxxTrader emphasized by FlexTrade is the platform's ability to allow dynamic "order taking directly from client to client, directly with the trading desk, or back-to-back with all liquidity providers."
FlexTrade has been designed to allow institutions to privately aggregate and issue price information to the markets and to clients with aggregated liquidity from more than 50 banks, ECNS and exchanges. MaxxTrader also provides Blackwell Global with "Admin Monitor" functionality that gives the broker the ability to "create, monitor and manage real-time trading activity (both GUI and API) through a single interface."
Blackwell Global, the Cyprus-based FX and Precious Metals broker, has adopted MaxxTrader as its preferred Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term for margin FX and precious metal products for its retail clients.
MaxxTrader was developed and implemented under a white-label (WL) agreement with FlexTrade Systems Inc. The company specializes in developing trading platforms for equities, foreign exchange and listed derivatives. According to FlexTrade, its solutions are currently used by 175 institutions across the financial services industry.
The specialized platform also caters to institutional requirements such as transaction cost analysis via built in tool FlexTCA, which offers real-time and historical transaction cost analysis in trading global equities, FX, as well as derivatives for portfolios and single stocks. MaxxTrader also allows traders to analyze the performance of standard, algorithmic and strategic trading over time, thus helping to accurately identify the statistical performance of a trading strategy.
To coincide with the platform's launch, Michael Chai, CEO of Blackwell Global said: "We’re confident that the new partnership with FlexTrade is a big step forward in strengthening our trade executions, offering clients access to better prices and deeper Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term."
Manish Kedia, Managing Director of FlexTrade Systems in Singapore added, “With MaxxTrader and FlexTCA, Blackwell Global’s clients will experience a comprehensive platform that will aggregate, analyze and facilitate trading spot currencies in the global markets as well as precious metals.”
The unique selling point of MaxxTrader emphasized by FlexTrade is the platform's ability to allow dynamic "order taking directly from client to client, directly with the trading desk, or back-to-back with all liquidity providers."
FlexTrade has been designed to allow institutions to privately aggregate and issue price information to the markets and to clients with aggregated liquidity from more than 50 banks, ECNS and exchanges. MaxxTrader also provides Blackwell Global with "Admin Monitor" functionality that gives the broker the ability to "create, monitor and manage real-time trading activity (both GUI and API) through a single interface."