Chinese-based financial group, TF International Securities Group Ltd today announced a partnership to integrate FlexTrade’s order management solution, FlexOMS.
As part of the FlexOMS migration, TFI International’s clients can access the OMS’ functionality, which offers DMA and DSA workflows, a customizable execution management system (EMS) with pre-defined trading strategies and tactics for portfolio and single stock trading.
TFI, which provides institutional brokerage services to trade in equities on the Hong Kong Stock Exchange, has already gone live on FlexOMS’s new middle office system MOS. FlexTrade’s smart order router allows the firm to control the routing sequence they want to target across both dark and lit venues.
Designed as a multi-asset platform, FlexOMS provides sell-side institutions with an end-to-end solution across multiple desks, trading styles and regions, and streamlines the trading process from receipt of client orders to the post-trade analytics of execution.
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The multi-asset execution management system can be tailored for global access to broker algorithms, as well as the ability to build proprietary algorithms.
FlexTrade’s product suite offers access to market data providers while easily integrating with any order management system (OMS) via FIX and API. Global investment managers prefer the solution since the consolidation of equities, FX, listed options, futures or any combination is essential on the same platform in order to ensure smooth functioning.
Commenting on the news, River Ho, Executive Director at TFI stated: “As a result of SSEOMS decommissioning, and after having evaluated a few leading OMS systems, TFI selected FlexTrade because of its advanced functionalities, its flexibility and reliable trading technology. FlexTrade has proven to provide us with a very quick delivery of their trading solution and excellent service alongside. We look forward to FlexOMS providing us with an augmented efficiency and execution quality in our trading workflow.”
FlexTrade Co-Founder, Rajiv Kedia noted: “We are thrilled to partner with TF International to expand our OMS offerings in APAC and are committed to providing the same level of excellent customer support and cutting-edge technology that we are known for globally. We look forward to working with TFI to help provide flexible and reliable technology solutions to address their expanding business requirements.”