FlexTRADER is the industry's first broker-neutral, quantitatively enriched execution management system (EMS) that encompasses all facets of electronic and algorithmic trading. Trusted globally by hedge funds and leading institutions on the buy-side and sell-side, FlexTRADER seeks and facilitates direct access to multiple sources of liquidity with incomparable robustness and speed. From a single platform, orders are routed automatically to various points of execution, including NYSE MatchPoint, BIDS Trading, Alpha ATS, Chi-X Canada, more than 100 broker-dealers, as well as all leading ECNs and primary exchanges.

FlexTRADER offers unique, organically developed and integrated end-to-end functionality, including: pre-trade, real-time and post-trade analytics; advanced integrations with major OMSs; smart order routing; a sophisticated dark pool router; a fully integrated high performance Complex Event Processing (CEP) engine; commission management; indications of interest (IOIs); execution strategies; transaction quality management and execution management across multiple destinations for list and single-stock trading. In addition, its open architecture is configurable for multiple traders over a network, and runs on Sun Solaris, Linux and Windows NT operating systems.

• Fully customized algorithmic trading.
• The ability to control multiple portfolios comprised of several sub-accounts over many global destinations from one comprehensive trading blotter. Diagnostics such as cash constraints, trade cost estimates, transaction cost monitoring, sector and industry exposure, as well as custom calculations are available on the front-end.
• Automated, customizable trading strategies include: VWAP, volume participation, random slicing, momentum, mean-reversion, adaptive pricing and best efforts. Each may be configured to a trader's preferences for aggressiveness and expediency, or placed into a larger strategy, such as dollar neutral/sector neutral, to manage portfolio characteristics, risk or cash constraints.
• Arbitrage customizable strategies include: convertible arbitrage, index arbitrage, ETF arbitrage, cross-border arbitrage (with the ability to hedge FX exposure automatically) and risk arbitrage (as part of our pairs trading module).
• Comprehensive portfolio analytics that direct strategies based on historical and real-time information, such as volume profiles, volatility, spread and pricing data.
• Customizable integrated smart order router, dark pool router and order replacement templates, as well as a full suite of rules-writing capabilities to ensure your system meets the increasing demands placed on trading professionals.
• Access to nearly 250 trading destinations, including more than 20 dark pools.
• A fully integrated, high performance Complex Event Processing (CEP) engine.
• Full OMS integration through C#/ .NET, JAVA and C++ APIs.
• Global ASP solution with fully-linked data centers in NY, NJ, Chicago, London, Geneva, Paris, Tokyo, Hong Kong and Singapore.