FlexTrade Systems, a specialist in multi-asset execution and order management systems, has partnered with BTON Financial to provide users of FlexTRADER EMS with access to AI-driven broker selection suggestions.
BTON Financial is a cloud-based, AI, and data-driven SaaS solution designed to empower buy-side trading desks to drive down costs while increasing performance. BTON helps buy-side firms execute trading strategies effectively, automating order routing to the most appropriate broker using the most appropriate algo.
It frees traders to commit additional time to work on more illiquid and esoteric instruments, requiring more maintenance and liaising with their portfolio managers.
Mutual customers will now have access to BTON’s recommendation algorithm from within FlexTRADER, leveraging a collective data set that harnesses artificial intelligence to enhance trading decisions. Using the solution via FlexTRADER EMS, traders can select orders in their blotter and send various parameters, including size, instruments, desired algo, and timeframe, to BTON with a single click, which provides feedback on the optimal broker to achieve best execution.
The new integration expands on the existing automation capabilities within FlexTRADER EMS, and FlexAlgoWheel to enable traders to incorporate BTON’s suggestions within their parameter-driven automation rules to simplify low-touch workflow further.
