FlexTrade Systems announced its EMS, FlexTRADER, is integrating BMLL’s data feed with Level 3 data and analytics, which helps financial institutions use the predictive nature of full depth order book data to accelerate their research, optimize their trading strategies and generate alpha.
The data feed is pre-computed from the most granular, Level 3 order book data and provides 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 API directly into FlexTRADER workflows, BMLL’s data and analytics gives users access to the predictive power of pricing data within the EMS’ blotter, offering clients the insight they need to understand how markets behave and make more informed decisions to enhance their trading performance.
Andy Mahoney, managing director of EMEA FlexTrade Systems, said in a statement: “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 of BMLL, said in a statement: “Making sense of how the markets behave and having the tools to analyze long term cycles and trends, or backtest trading strategies, are crucial for all market participants looking to maintain a competitive edge.”