FlexTrade Unveils FX Block Trading

摘要

Eyeing the success of crossing systems in the equities market, FlexTrade Systems has launched what it claims is the first block trading system for FX currency pairs. Dubbed MilanFX, the anonymous crossing system is aimed at helping commodity trading advisors (CTAs), hedge funds, real-money managers, sell-side firms and spot-FX desks execute large trades without market impact, according to the Great Neck, N.Y.-based multi-asset execution management company.