Albar Capital Deploys FlexNOW

July 19th, 20189:29 am @

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LONDON–(BUSINESS WIRE)–FlexTrade (@FlexTrade)
today announced that Albar
Capital Ltd.
, a new hedge fund led by Javier Velazquez (formerly of
Millennium Capital Partners LLP), is now trading equities and futures
using FlexNOW,
FlexTrade’s new execution management system.

“The FlexNOW team was instrumental in solving several of our problems,”
said Jason Ruder, Trader at Albar Capital. “Not only are they helping us
with our compliance requirements, they are also responsive to requests
that improve my workflow.”

According to Rhyd Lewis, FlexNOW Product Manager, FlexNOW’s quick
onboarding and easy installation process was critical for Albar
Capital’s launch on 2 July. “We had no problem integrating FlexNOW with
Albar’s portfolio and risk management platform, Paladyne, which allows
Fund Managers to route orders to the dealing desk,” said Lewis.
“Additionally, Albar has connectivity to their executing venues via
FlexTrade’s zero-touch broker network.”

Multi-Asset, MiFID II Compliant Trading

Designed to handle trading for equities, futures and options, FlexNOW is
MiFID II compliant; provides connectivity to leading market data
providers; easily integrates with any order management system (OMS) via
FIX and API; and comes with its own built-in transaction cost analysis
functionality.

To find out more about FlexNOW or to request a demo, please contact
us at
sales_eu@flextrade.com
or visit
www.flexnow.io.

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. With offices in North America, Europe
and Asia, FlexTrade has a worldwide client base spanning more than 200
buy-side and sell-side firms, including many of the largest hedge funds,
asset managers, commodity trading advisors, investment banks and
institutional brokers. For more information, visit FlexTrade Systems at www.flextrade.com.

Article source: https://www.businesswire.com/news/home/20180719005135/en/Albar-Capital-Deploys-FlexNOW