Pine River Capital Management has deployed its Flex Trade Systems’ FlexTRADER EMS to facilitate trading for equities, FX and listed derivatives.
“In this business, one has to continue to innovate or die,” says Scott Reinhart, head of Pine River Capital Management’s Hong Kong office. “Trading strategies that might have been successful five years ago simply might no longer be attractive. FlexTrade’s solutions have helped us to expand our existing strategies and quickly launch new ones across multiple asset classes and geographic regions.”
As part of the deployment, Pine River is live with FlexTRADER for equities, FX, equity options trading and dispersion trading, and futures trading.
“As trading technology evolves and the global markets mature electronically across all asset classes, it’s only natural that multi-asset trading would become crucial to firms such as Pine River,” says Vijay Kedia, president and chief executive of FlexTrade Systems. “If you are trading equities, FX, listed options, futures, or any combination thereof, it simply makes sense to consolidate them all together on the same platform.”
FlexTRADER is a multi-asset execution management system for trading individual securities or portfolios in equities, FX, equity options, futures as well as fixed income. It provides out-of-the-box cross asset trading strategies which can be customised, global access to broker algorithms, as well as the ability to build proprietary algorithms.
The platform also provides organically developed pre-trade, real-time and post-trade analytics (FlexTQM), predictive analytics (FlexEdge); risk and cost optimised portfolio trade scheduling (FlexPTS); advanced integrations with major OMSs; integrated real-time allocations and cash management; smart order routing; a fully integrated high performance Complex Event Processing (CEP) engine; commission management; complete transaction and IOI quality management, and a dynamic strategy matrix.
In addition to equities, FlexTRADER facilitates foreign exchange trading via FlexFX, while equity options and futures trading are administered by FlexOPT, Derivix and FlexFutures, respectively. For fixed income trading, the system is certified to trade US treasuries as a member of the BGC Partners Preferred Vendor Program.