FlexTrade Approved by NZX as Independent Software Vendor

FlexTrade has been certified as an approved independent software vendor (ISV) by , the only registered securities exchange in New Zealand.
The NZX said that , multi-asset algorithmic trading systems are now available to members, covering connectivity, risk and stress analysis, compliance, trading strategies, and execution systems. The exchange said this collaboration provides increased technology choice for firms accessing the New Zealand market, with specific offerings include FlexTrade’s order management solution, FlexOMS.

“FlexTrade’s integration with NZX trading technology supports our strategy to increase access and reduce barriers to entry to the New Zealand market, as we work to encourage greater liquidity on our market,” said NZX executive director Benjamin Phillips.
Global investment managers prefer the solution
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. The multi-asset execution management system can also be tailored for global access to broker algorithms, as well as the ability to build proprietary algorithms.
FlexTrade has been actively recruiting talent for its business development units. Earlier last year, the company  Paul Alves as Senior Vice President of Global FX Business Development. Moreover, in an effort to improve its offerings for clients, FlexTrade has  to improves the workflow management for buy-side traders using the technology firm’s FlexTRADER and its .
Commenting on the partnership with NZX, Dan Enstedt, FlexTrade VP of the Sydney-based operations covering Australia and New Zealand, said: “It’s an honour to become a certified ISV with NZX. We have worked hard to provide superior technology and customer service to clients. By certifying with the NZX, we can provide valuable services such as direct market access, customised workflows, bespoke algos and improved trade order entry to brokers and traders who wish to trade more efficiently on the exchange.”