Do not invest more money than you can afford to lose.
FlexTrade Systems, a provider of multi-asset execution management systems (EMS) announced it has opened an office in Frankfurt am Main.
Frankfurt is the financial capital of Europe and Germany and is home to the European Central Bank, the German Federal Bank, Frankfurt Stock Exchange, Deutsche Bank, Commerzbank, DZ Bank, KfW, several fintech startups, etc.
Housed in the building of the Frankfurt Stock Exchange on Börsenplatz 2-4, the German office of FlexTrade will offer local sales and service to the company’s growing German-speaking client base.
“The initial driver to open the office in Frankfurt was to serve our fast-growing client base in the German-speaking countries,” said Boris Komljenovic, sales director of FlexTrade for Central Europe. “Our clients clearly communicated their wish for locally available support, especially with a clear understanding of the local flavours of international regulation such as MIFID and MIFIR, but also of local financial markets legislation in the respective countries. And while we neither anticipated nor expected a Brexit vote, the Frankfurt office will offer our clients some certainty with regard to their trading infrastructure – regardless of the actual impact of Brexit on everyone’s business.”
According to Vikas Kedia, managing director of FlexTrade UK, the opening of the office in Frankfurt is the first step in establishing local offices across Europe.
FlexTrade Systems Inc., is a provider of broker-neutral, execution and order management trading platforms for equities, foreign exchange, options, futures and fixed income. Its flagship product is FlexTRADER – a platform for algorithmic trading. The company has offices in North America, the UK, Sydney and Asia and a client base of more more than 175 buy- and sell-side firms.
Some of FlexTrade’s services are already hosted in the Frankfurt FR2 data center, so the company is already offering high-speed trading connectivity to clients in the region.
Not long ago, FlexTrade teamed up with RSRCHXchange – an online marketplace for institutional research to provide buy-side traders on the FlexTrade’s EMS with access to relevant market research straight in their trading blotter.
