FlexTrade Systems integrates with BMLL

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Paul Humphrey, CEO at BMLL.

Execution and order management system provider FlexTrade has integrated the BMLL Data Feed into the FlexTRADER EMS.

Data and analytics provider BMLL Technologies’ Level 3 equity data and analytics is designed to help financial institutions leverage the predictive nature of full depth order book data to accelerate their research, optimise their trading strategies and generate alpha. BMLL’s Data Feed is pre-computed from granular, Level 3 order book data and claims to provide market participants with actionable insights focused on market quality and execution performance as well as available liquidity at different depths of the book.

Delivered via application programming interface (API) directly into FlexTRADER workflows, BMLL’s data and analytics could potentially help users to use the predictive power of pricing data within the FlexTRADER EMS blotter, offering clients help with understanding how markets behave, and to make more informed decisions to enhance trading performance.

Andy Mahoney, managing director for EMEA at FlexTrade Systems.

Andy Mahoney, managing director for EMEA at FlexTrade Systems said, “We are delighted to integrate with a great partner like BMLL and add their data and analytics to our trading technology. This partnership will provide our clients with more transparency -giving traders more choice at the right price point. This means our clients will have enriched pre- and post-trade analytics inside our FlexTRADER EMS blotter, helping them to analyse historical data to make the best trading decisions by comparing analytics across the watch list and determine when to trade or spot any outliers.”

Paul Humphrey, CEO at BMLL said, “We are thrilled to partner with FlexTrade to make our historical data and analytics available to some of the world’s largest asset managers. Making sense of how the markets behave and having the tools to analyse long term cycles and trends, or back-test trading strategies, are crucial for all market participants looking to maintain a competitive edge. Our Level 3 T+1 data and scalable analytics capabilities complement FlexTRADER’s technology, helping firms navigate market complexity and make more informed trading decisions.”

FlexTrade recently announced a partnership with BlackRock Aladdin, allowing its own expertise as an equity EMS to support the fixed income strengths of Aladdin’s execution and order management system.

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