FXCM's CFD Pricing Integrated into FlexTrade's Technology

One of the leading online brokerages, FXCM Inc (NYSE:FXCM) has just announced that the company's contract for difference (CFD) trading technology has been integrated into the services of FlexTrade Systems. The development comes only a couple of days afterFXCM announced to its clients that it will be delivering decimal pricing to its clients trading CFDs.

FlexTrade is addressing a set of technological challenges for financial institutions in the execution and order management for equities, foreign exchange, options, futures and fixed income markets.

The Managing Director of FlexTrade APAC in Singapore, Manish Kedia, explained that the integration of FXCM's CFD pricing into FlexTrade's order management system (OMS) and retail trading solution is a best of both worlds arrangement for the company's brokerage clients.

"When it comes to CFDs, FXCM is ahead of the curve in terms of 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 and pricing. And when you combine it with our own technology, it's a win-win situation for clients interested in a comprehensive brokerage solution for FX, Precious Metals and CFDs," he said.

The development serves as an expansion for FXCM Pro into the institutional space of CFDs trading. With the margin on CFDs trades being much higher than in Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term trading, the product has become increasingly attractive for institutional brokers.

After this partnership with FXCM Inc (NYSE:FXCM), FlexTrade has become one of the first institutional Order Management Systems (OMS) that is geared to deliver CFDs to their clients.

The brokerage clients of FlexTrade will be able to use FlexTrade's OMS and retail trading solution for CFDs pricing and liquidity. Brokers also may redistribute to their own clients alongside FX, allowing for the risk to be managed in-house. Outgoing price feeds are all passing through one single technology platform.

The Global Head of FXCM Pro, Brandon Mulvihill, elaborated: "Of the top tier FX aggregators, FlexTrade has been among the first of its kind to recognize fundamental differences that exist between price making in FX and CFDs."

"Their comprehension of structural distinctions with respect to clearing and redistribution of market data allowed us to collaborate together in a way that precisely addresses demand from the brokerage community," he elaborated.

FXCM Pro is fully focused on the wholesale business of FXCM Inc., with its offering delivering a number of products including indices, energy, treasuries and precious metals.