FlexTrade Extends Goldman Sachs Service Offering
- The tech firm will be expanding the number of functions on the investment bank's FlexTRADER system
Trading technology provider FlexTrade announced today that it is going to be expanding its work with Goldman Sachs.
This is not the first time that the companies have worked together. In fact, FlexTrade has been providing the investment bank with its Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term management system - FlexTRADER - for some time.
The technology company said that it would be working with the investment banking giant to strengthen its indication of interest (IOI) 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 offering.
“As our franchise growth affords us the opportunity to send increasing amounts of targeted, actionable natural liquidity to clients, solving for the best workflow solutions is a natural next step,” said Danny Mallinson, Head of EMEA Equity Execution Services at Goldman Sachs.
Direct from the blotter
Mallinson’s firm will now have IOI profiling and analysis capabilities added to its existing systems.
Customers of the investment bank will also be able to action IOI liquidity directly from the trading blotter.
The blotter will also display how much of an order can be completed using Goldman Sachs’ actionable liquidity.
“Taking multiple factors into account, including AFME classification, traders can now easily differentiate between risk and principal, and systematically highlight the IOIs that are most relevant at the point of execution,” said Andy Mahoney, Head of Sales at FlexTrade UK.
Trading technology provider FlexTrade announced today that it is going to be expanding its work with Goldman Sachs.
This is not the first time that the companies have worked together. In fact, FlexTrade has been providing the investment bank with its Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term management system - FlexTRADER - for some time.
The technology company said that it would be working with the investment banking giant to strengthen its indication of interest (IOI) 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 offering.
“As our franchise growth affords us the opportunity to send increasing amounts of targeted, actionable natural liquidity to clients, solving for the best workflow solutions is a natural next step,” said Danny Mallinson, Head of EMEA Equity Execution Services at Goldman Sachs.
Direct from the blotter
Mallinson’s firm will now have IOI profiling and analysis capabilities added to its existing systems.
Customers of the investment bank will also be able to action IOI liquidity directly from the trading blotter.
The blotter will also display how much of an order can be completed using Goldman Sachs’ actionable liquidity.
“Taking multiple factors into account, including AFME classification, traders can now easily differentiate between risk and principal, and systematically highlight the IOIs that are most relevant at the point of execution,” said Andy Mahoney, Head of Sales at FlexTrade UK.