FutureTrade, a provider of integrated electronic equity, option and algorithmic trading services, has upgraded its trading platform, Version 4.0. It will include direct access to international equity markets as well as substantially improved integration of equity and options trading.
“Hedge funds and asset managers in the US have been shifting assets from US equities to non-US equities and derivatives in their search for volatility and enhanced returns,” says Jim Kwiatkowski, an Executive Vice President of Sales and Marketing at FutureTrade. “Our clients have asked for a single, broker neutral trading platform which provides access to all of the markets they trade. With Version 4.0, FutureTrade has responded by providing a single platform which accommodates the needs of funds with multiple prime brokers, trading a variety of global asset classes through multiple brokers. With our flexible configuration options and integrated real-time data, P/L and independent TCA, FutureTrade can be an order management system to some of our clients and an execution management system to others.”
While FutureTrade offers a highly developed and sophisticated trading suite, the user interface is simple and adaptable to each trader’s unique workflow.
Through its LiquidityPATH program, FutureTrade will also offer the 4.0 platform to customers of its partners which include well known prime brokers, algorithm providers, soft dollar brokers, research providers and agency brokers.
“There has been unprecedented growth in buy-side electronic trading, and major brokers have responded by providing their own front ends and algorithms to support their clients’ trading activities,” adds Sang Lee, a Managing Partner of the Aite Group. “At the same time, the US buy-side is increasingly investing in non-US equities and derivatives which some of these platforms do not yet support. Many buy-side firms will see a clear value in trading multiple asset classes through a single platform provided by leading independent players like FutureTrade.”