FlexTrade Systems and LoopFX have announced a new seamless integration for mutual clients. The integration allows clients to leverage FlexTrade’s FlexFX order blotter with LoopFX’s advanced matching functionality. This offers enhanced liquidity options for large FX trades.

LoopFX specializes in dark mid-point matching for asset managers and banks handling trades exceeding $10 million. This integration is designed to help clients reduce execution costs while improving their best execution processes. FlexFX can be deployed either as a standalone solution or integrated into FlexTrade’s multi-asset Execution Management System (EMS), FlexTRADER EMS.

Through the partnership, asset managers can send orders directly from the FlexFX blotter to LoopFX without needing to alter their workflows. Additionally, clients can use FlexFX’s data capabilities to send trading performance metrics to FlexTrade’s Transaction Cost Analysis tool, FlexTCA, for a deeper analysis of execution quality.

FlexTrade and LoopFX Partner for Seamless Large FX Trade Integration

Looking ahead, FlexTrade plans to further enhance the integration with LoopFX by incorporating automation. Using customizable automation rules via FlexAlgoWheel, trades could automatically be sent to LoopFX for matching while adhering to predefined execution rules. This would streamline the process further, providing even more value for clients.

Rich Turner, Senior Trader at Insight Investment, praised the collaboration: “Access to liquidity and execution efficiency is crucial for us. The partnership between LoopFX and FlexTrade will enhance our ability to execute larger trades with minimal market impact.”

Blair Hawthorne, CEO of LoopFX, also expressed enthusiasm: “We are excited to partner with FlexTrade. Their client-first approach aligns perfectly with our mission, providing their growing client base with easy access to LoopFX’s functionality.”

This integration marks a significant step toward improving execution quality and reducing costs for large FX trades.

This seamless integration offers asset managers and banks an efficient solution for executing large trades while minimizing information leakage and market impact. As FlexTrade looks to expand automation features, the collaboration promises even greater value and innovation for the FX trading community.

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