FlexTrade enhances execution algo selection with BTON Financial

Rick Steves

“By combining BTON’s AI-driven execution capabilities with FlexTrade’s cutting-edge technology, we accelerate integration and mitigate risks, providing a cost-efficient solution for a more sophisticated and accountable approach to order execution through the power of AI.”

FlexTrade Systems and BTON Financial have announced a new collaboration, enhancing FlexTRADER EMS with AI-driven broker selection. This partnership aims to improve best execution performance for users.

BTON Financial, specializing in data collaboration and order routing decision technology, offers a cloud-based, AI, and data-driven SaaS solution.

It enables buy-side trading desks to reduce costs and boost performance. BTON’s technology automates order routing, directing trades to the most suitable broker and algo, thus allowing traders to focus more on complex instruments.

Significant advancement in execution algo selection

This integration marks a significant advancement in execution algo selection. Users of FlexTRADER EMS can now access BTON’s advanced recommendation algorithm within the system. The AI-powered collective data set aids in refining trading decisions. Traders can easily send order details to BTON and receive optimal broker suggestions for best execution.

The integration builds upon FlexTRADER EMS’s existing automation capabilities, including FlexAlgoWheel. It allows traders to integrate BTON’s recommendations into their automated trading strategies, simplifying low-touch workflows.

Dan Enstedt, Vice President at FlexTrade Systems, highlighted the access to pre-trade intelligence and AI-driven functionality that BTON offers, which can be actioned directly within the order blotter. “We’re delighted to be working with BTON Financial on this new integration to broaden the sources of pre-trade intelligence our clients can access from FlexTRADER EMS. BTON’s collaborative pre-trade data sets and AI-driven functionality make an exciting proposition for our clients to leverage and, through tight integration, deliver actionable insights directly within their order blotter. Combined with our sophisticated FlexAlgoWheel solution, they can create innovative automation strategies to deliver a competitive edge.”

Daniel Shepherd, CEO of BTON Financial, remarked on the partnership’s synergy. “By combining BTON’s AI-driven execution capabilities with FlexTrade’s cutting-edge technology, we accelerate integration and mitigate risks, providing a cost-efficient solution for a more sophisticated and accountable approach to order execution through the power of AI.”

FlexTrade Systems is a global leader in trading technology, known for its flagship product, FlexTRADER. It offers multi-asset execution and order management systems across various markets. With a presence in 45 countries and over 500 software developers, FlexTrade is dedicated to customer-centric innovation and performance-boosting solutions.

BTON Financial is an independent fintech firm focusing on trading desk optimization. Utilizing large, collaborative datasets, BTON enables intelligent decision-making for modern traders.

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