FlexTrade Integrates QuantHouse’s QuantFEED, Enhances FlexONE OEMS

FlexTrade Systems (FlexTrade), a global leader in multi-asset execution and order management systems, announced that it has enhanced the FlexONE OEMS, one of the company's order and execution management systems for buyside firms, by integrating QuantHouse​'s QuantFEED Solutions for market data into the system. 

QuantHouse is a global provider of end-to-end systematic trading solutions including innovative market data services, an algo trading platform, and infrastructure products. 

The newly certified FlexONE integration with QuantHouse is a complete single-source front-end buy-side service offering that provides the "direct to data" connectivity that portfolio managers and traders need to make more informed trading decisions and stay competitive in today's marketplace.

QuantFEED Solutions deliver high quality market data for 145+ sources with an unmatched level of performance and quality of normalization. QuantFEED premium architectures address market data requirements: referential data, EOD, historical data-on-demand, European or National Best Bid and Offer, and more. All requirements are accessible through the single FeedOS API.

Magnetar, an Evanston, Illinois-based alternative investment firm with $12.9 billion in AUM as of January 1, 2021, was first to implement the integrated solution, and worked closely with FlexTrade and QuantHouse on interface usability.

Aaron Levine, Vice President, OEMS solutions at FlexTrade noted: "We are excited to announce our certification and go-live of QuantHouse market data for our buy-side OEMS solution – FlexONE. As a data agnostic trading systems provider, we are extremely excited to integrate with a best of breed trading and data services provider."

Salloum Abousaleh, Managing Director, Americas, QuantHouse, said, "QuantHouse is excited to expand our offering through the FlexONE OEMS, which provides innovative buy-side clients like Magnetar access to our full range of data sources within a fully-integrated OMS. This is one more example of how we leverage our expertise in market data delivery and bespoke infrastructure to enable large buy-side institutions to move away from legacy solutions."

FlexOne​ is FlexTrade's order and execution management system designed to facilitate and streamline the demanding trading requirements of the global hedge fund community. In addition to FlexOne, the company also offers FlexFX, an algorithmic trading and execution management system for buy-side institutions trading FX, FlexOptions, the order and execution management system for buy-side institutional options traders, FlexNOW, a cloud-based order and execution management system for buy-side institutional equity and futures traders, etc. This February, Lyxor Asset Management adopted the FlexNOW OEMS​.