FlexTrade Systems Integrates with BMLL
Execution and order management system provider FlexTrade has integrated the BMLL Data Feed into the FlexTRADER EMS. Data and analytics provider BMLL Technologies’ Level 3 equity data and analytics is designed to help financial institutions leverage the predictive nature of full depth order book data to accelerate their research, optimize their trading strategies and generate alpha. BMLL’s Data Feed is pre-computed from granular, Level 3 order book data and claims to provide market participants with actionable insights focused on market quality and execution performance as well as available liquidity at different depths of the book. Delivered via application programming interface (API) directly into FlexTRADER workflows, BMLL’s data and analytics could potentially help users to use the predictive power of pricing data within the FlexTRADER EMS blotter, offering clients help with understanding how markets behave, and to make more informed decisions to enhance trading performance.