Ágora Deploys FlexOMS

Will Provide DMA and Algorithmic Trading Access to BM&F Bovespa

GREAT NECK, N.Y.--()--FlexTrade Systems, Inc., a global leader in broker-neutral, multi-asset algorithmic trading systems, today announced that Brazilian brokerage firm Ágora has deployed FlexOMS, its fully customizable sellside order management system, for direct market access (DMA) to BM&F Bovespa, the largest stock exchange in Latin America, and algorithmic trading.

Designed as a global, multi-currency and multi-asset platform, FlexOMS provides a complete end-to-end solution across multiple desks, trading styles and regions, and streamlines the trading process from receipt of client orders to the post-trade analytics of execution.

Key features of FlexOMS are:

  • Fully customizable platform
  • Available as a hosted or enterprise solution
  • Global multi-asset support
  • Cash, program, pairs, ETF and algorithmic trading
  • Integrated compliance and risk management
  • Optimizes trading workflow for low touch and high touch execution

About Ágora

A pioneer in the online financial services business, Ágora offers industry leading products and services to help clients manage their investments independently through constant information, knowledge, simplicity and the development of new technologies. Ágora has been present in the Brazilian marketplace for over 17 years and continues to grow its market share and portfolio of products. In 2008 Agora was acquired by Banco Bradesco, one of the largest private banks in Brazil. For more information on Ágora, please visit www.agorainvest.com.br.

About FlexTrade Systems, Inc.

Founded in 1996, FlexTrade Systems Inc. is the industry pioneer in broker-neutral algorithmic trading platforms for equities, foreign exchange and listed derivatives. FlexTRADER, our flagship platform for algorithmic trading, is widely viewed as unique in the industry for its high performance and multi-asset capability. In addition to FlexOMS, our OMS offering also includes ColorPalette, our new out-of-the box solution. With offices in North America, Europe and Asia, FlexTrade has a worldwide client base spanning more than 150 buy- and sell-side firms, including many of the largest investment banks, hedge funds, asset managers, commodity trading advisors and institutional brokers. For more information, visit FlexTrade Systems at www.flextrade.com or follow news of the company on Twitter at www.twitter.com/flextrade.

Contacts

FlexTrade Systems, Inc.
James Tolve, 516-304-3601
Cell: 516-395-0549
james.tolve@flextrade.com

Release Summary

FlexTrade announces Brazilian brokerage firm Ágora has deployed FlexOMS, its customizable sellside order management system, for direct market access (DMA) to BM&F Bovespa and algorithmic trading.

Contacts

FlexTrade Systems, Inc.
James Tolve, 516-304-3601
Cell: 516-395-0549
james.tolve@flextrade.com