GLMX and FlexTrade collaboration set to strengthen buying and selling and workflows

GLMX Applied sciences and FlexTrade Techniques have unveiled a collaboration which can see their mutual purchasers higher organize their repo workflow and execution between their respective platforms.   

GLMX’s generation platform permits members to barter and execute securities financing transactions and is utilized by greater than 140 buy- and sell-side establishments globally.  

The company’s new initiative with FlexTrade’s FlexONE OEMS and FlexTRADER EMS will be offering mutual purchasers an answer for managing all of the commerce lifecycle, from order execution to post-trade compliance and reporting.  

As well as, mutual purchasers are anticipated to achieve greater keep watch over and potency thru customisable and shared pre- and post-trade workflows. 

“Shopper call for for cross-market potency is a number one driving force for GLMX to ship new applied sciences and connectivity,” stated Andy Wiblin, leader working officer at GLMX.   

“By way of partnering with FlexTrade, we purpose to toughen our purchasers’ buying and selling, possibility control, and operational resilience efforts globally.”  

Learn extra: FlexTrade and LoopFX integration set to optimise FX buying and selling features 

The newly created workflows will allow buying and selling groups to automate advanced order routing and allocation methods, minimise handbook mistakes, and succeed in regulatory compliance.  

The API integration is to be had for deployment right away through mutual FlexTrade and GLMX purchasers. 

“We’re thrilled to make our new integration to the GLMX platform to be had for FlexTrade’s international asset control and hedge fund neighborhood,” stated Satish Ramanath, SVP, buy-side, APAC at FlexTrade Techniques.   

“Running at the side of GLMX, we’ve supplied our purchasers with a continuing and environment friendly approach of having access to differentiated liquidity inside their current workflows.”