FlexTrade Systems has announced the registration of its Asian subsidiary, FlexTrade Systems Pte. Ltd., as a Foreign Independent Software Vendor (FISV) in the Capital Markets segment and Futures and Options segment of the National Stock Exchange of India Limited.
"This registration is another step in our expansion into Asia and provides our clients with a live feed to the National Stock Exchange of India for trading equities, options and futures," said Manish Kedia, Managing Director of FlexTrade Systems Pte. Ltd. in Singapore. "The FISV registration also complements our new Mumbai office, which was opened earlier this year to service clients in the Asia region." he added.
FlexTrade's trading solutions covered by the registration
FlexTRADER -- Customizable EMS with pre-defined trading strategies and tactics for both portfolio and single stock trading.
FlexOPT -- Options trading system for buyside and sellside institutions engaged in agency, facilitation and/or proprietary trading.
FlexOPT-RM -- Real-time risk and stress analysis platform whereby options traders can analyze risk by portfolios, sectors, traders, accounts or any level of aggregation/hierarchy.
FlexOPT-OMM -- Order-driven market making platform for advanced options traders.
FlexFutures -- Futures trading system built to integrate with black boxes and other proprietary or third-party systems.
Located at 104, Eco House, Goregaon (E), the Mumbai office joins FlexTrade's primary sales and operations center in Singapore and a sales office in Hong Kong.