FlexTrade Systems has completed system integration with LoopFX, allowing customers to simplify the execution of bulk forex trades through this integration. Through this integration, clients using FlexFX can now access LoopFX's liquidity matching directly from existing workflows, providing a solution for handling trades exceeding $10 million.
LoopFX focuses on providing dark pool midpoint matching for asset managers and banks, particularly for efficient execution of bulk trades. This integration enables users to directly send orders from FlexFX to LoopFX without changing workflows or conducting additional development, thus facilitating access to liquidity and improving the efficiency of executing bulk forex trades.
FlexFX can be used not only as a standalone system, but also as part of the FlexTrade Multi Asset Execution Management System (EMS), providing flexible trading and execution options. The addition of LoopFX liquidity matching functionality extends the functionality of FlexFX, providing more actionable options for managing large forex trades.
To further improve execution quality, clients can also use FlexTrade's trading cost analysis tool (FIexTCA) to analyze trading performance and trading costs. This helps asset managers optimize execution strategies by providing insights into transaction quality and potential improvements.
Looking ahead, FlexTrade plans to further expand this integration by integrating its automation features, such as using FlexAlgoWheel to automatically check whether LoopFX can match trades before executing preset strategies.
This integration responds to the demand in the foreign exchange market for improving the efficiency of bulk trading execution, especially in reducing market shocks. By combining LoopFX's liquidity capabilities with FlexTrade's execution tools, we integrate support for more efficient and flexible forex trading.