Market Overview

FlexTrade Rolls Out Multi-Asset, Strategy Back-Testing Framework

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– Test, Update and Deploy Past Trading Strategies –

– Available in FlexTrade EMS and OMS Trading Platforms –

– Handles Equities, FX and Futures –

FlexTrade (@FlexTrade),
a global leader in multi-asset execution and order management systems,
today introduced a new Back-Testing framework designed to gauge and
adjust the performance of past trading strategies for real-time use in
trading equities, FX and futures.

"Just because a trading strategy worked successfully in the past,
doesn't mean it will show the same results in the present,"
said
Vijay Kedia, President and CEO of FlexTrade. "There are countless
variables – old and new — that could impact performance in unanticipated
ways. That's why using an advanced back-testing framework can make all
the difference in running a winning strategy."

Available via the FlexTRADER
EMS
and FlexTrade's order management solution, FlexOMS,
the Back-Testing framework includes:

  • A fast framework designed to allow traders to test an unlimited number
    of financial instruments in parallel;
  • Testing for single security, cross asset, multi-leg and
    portfolio-based trading strategies;
  • A flexible fill simulation module for traders to tailor the exchange
    simulation logic to their target market;
  • The ability to replay past orders alongside market data and track the
    algo performance under various market conditions;
  • The ability to replay Top-of-Book and Depth-of-Book Market Data.

According to Kedia, the speed in which the Back-Testing replay occurs is
quite extraordinary. "One day's worth of data can be back-tested in
less than 30 seconds, while a full year's worth of data can be
back-tested in less than a day,"
he said. "It's revolutionary in
scope and simplifies the trading strategy development for the trader
into a three-step process: first, build your strategy; second, test
against past performance factors and adjust; and lastly, deploy."

About FlexTrade Systems, Inc.

Founded in 1996, FlexTrade Systems, Inc. is the industry pioneer in
broker-neutral algorithmic trading platforms for equities, foreign
exchange and listed derivatives. With offices in North America, Europe
and Asia, FlexTrade has a worldwide client base spanning more than 225
buy-side and sell-side firms, including many of the largest hedge funds,
asset managers, commodity trading advisors, investment banks and
institutional brokers. For more information, visit FlexTrade Systems at www.flextrade.com.

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