JonesTrading Deploys FlexTrade Systems’ FlexOMS to Power Its Sell-side Trading Desks

JonesTrading has deployed FlexTrade Systems’ FlexOMS as the new sell-side trading platform for its equities and electronic trading businesses according to a story in The Trade news. The FlexOMS solution will also serve as the full-service technology platform for JonesTrading’s outsourced trading offering. JonesTrading partners with more than 1,500 institutions and hedge funds and its offering includes a wide range of liquidity sources, electronic trading and execution management services worldwide. In Q3 2023, JonesTrading stated that it identified the need to replace its incumbent sell-side OMS solution which led to the selection of FlexTrade’s multi-asset sell-side trading order management solution, FlexOMS, to expand its equities, outsourced and electronic trading desks both now and moving forward. The FlexOMS solution will also serve as the full-service technology platform for JonesTrading’s outsourced trading offering.