FlexTrade Announces Integration With OTC Link To Support Trading And Market Making
- Financial markets technology provider FlexTrade Systems has today announced a full integration with OTC Link to support rading and market making on OTC Link’s US –based alternative trading system, OTC Link ATS.
Broker-neutral Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term FlexTrade Systems has today announced that it has completed a full integration with OTC Link LLC,which is a wholly-owned subsidiary of US provider of issuer services, trading and market data services OTC Markets Group.
The integration aims to support trading and market making on OTC Link’s US –based alternative trading system, OTC Link ATS.
The new functionality integrates OTC Link ATS capabilities into existing broker-dealer workflows for clients using FlexTrade's Sell-Side Sell-Side Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Read this Term OMS products.
"We now provide OTC Link's broker-dealer subscribers with integrated workflows that will improve their ability to manage trading in OTCQX, OTCQB and OTC Pink securities," stated Vijay Kedia, president and CEO of FlexTrade.
"Our objective is to address trading needs that are not widely available in the market place."
The resultant new system is available in both of FlexTrade's sell-side OMS products, ColorPalette and FlexOMS. To access the product, customers need to be OTC Link ATS subscribers as the system uses OTC Link's OTC Dealer IDs for trading access.
Greg Ludvik, Director of ColorPalette OMS made a statement on behalf of his company relating to the integration that"FlexTrade is excited about the opportunity to work with OTC Link ATS' subscriber market making firms around a new offering."
"We believe there is a market need for new alternatives to existing third-party solutions" concluded Mr. Ludvik.
Broker-neutral Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term FlexTrade Systems has today announced that it has completed a full integration with OTC Link LLC,which is a wholly-owned subsidiary of US provider of issuer services, trading and market data services OTC Markets Group.
The integration aims to support trading and market making on OTC Link’s US –based alternative trading system, OTC Link ATS.
The new functionality integrates OTC Link ATS capabilities into existing broker-dealer workflows for clients using FlexTrade's Sell-Side Sell-Side Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Read this Term OMS products.
"We now provide OTC Link's broker-dealer subscribers with integrated workflows that will improve their ability to manage trading in OTCQX, OTCQB and OTC Pink securities," stated Vijay Kedia, president and CEO of FlexTrade.
"Our objective is to address trading needs that are not widely available in the market place."
The resultant new system is available in both of FlexTrade's sell-side OMS products, ColorPalette and FlexOMS. To access the product, customers need to be OTC Link ATS subscribers as the system uses OTC Link's OTC Dealer IDs for trading access.
Greg Ludvik, Director of ColorPalette OMS made a statement on behalf of his company relating to the integration that"FlexTrade is excited about the opportunity to work with OTC Link ATS' subscriber market making firms around a new offering."
"We believe there is a market need for new alternatives to existing third-party solutions" concluded Mr. Ludvik.