LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
After expanding with an office in Australia last month, the industry pioneer in broker-neutral algorithmic trading platforms for equities, foreign exchange and listed derivatives, FlexTrade Systems (@FlexTrade), has announced that it has recently opened an office in Frankfurt am Main, Germany.
Frankfurt is the heart of the German financial sector and is right at the centre of Europe. Based in the same building as the Frankfurt stock exchange, FlexTrade’s German office has been opened in order to offer local sales and service to the company’s growing German-speaking client base.
Boris Komljenovic, sales director for central Europe, commented:
The initial driver to open the office in Frankfurt was to serve our fast-growing client base in the German-speaking countries. Our clients clearly communicated their wish for locally available support especially with a clear understanding of the local flavours of international regulation such as MIFID and MIFIR, but also of local financial markets legislation in the respective countries. And while we neither anticipated nor expected a Brexit vote, the Frankfurt office will offer our clients some certainty with regard to their trading infrastructure – regardless of the actual impact of Brexit on everyone’s business.”
FlexTrade’s market-leading broker-neutral EMS, FlexTRADER® algorithmic trading across all asset classes and offers access to hundreds of liquidity providers, venues and brokers globally. FlexTrade already hosts services at Frankfurt FR2 data centre, so the company is perfectly prepared to offer high-speed trading connectivity to clients in the region.
Vikas Kedia, managing director of FlexTrade UK Ltd., in London, said:
The opening of FlexTrade’s office in Frankfurt is our first step in establishing local offices across Europe. It gives us an opportunity to serve our clients and prospects more locally. With more than 100 people based in London we are now confident of being able to sustain the training and development of our locally-based teams to ensure we can continue to deliver the consistently high level of service that our clients expect and deserve.”