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FlexTrade

AmInvestment Bank Chooses FlexTrade to Replace Broker Front-End (BFE) System

2012-03-28 13:57
  • English

SINGAPORE--(BUSINESS WIRE)--FlexTrade Systems, a global leader in multi-asset algorithmic trading systems, today announced AmInvestment Bank, one of the largest investment banks in Malaysia, has selected Mottai, a web-based broker trading platform, to replace Winscore, its current front-end solution which is being phased out by Bursa Malaysia.

“We needed a trading platform that would not only match all the BFE mandatory requirements, but also give us unique, functional trading features and deployment scalability,” said Stephen Kwong Yong Shian, Director of e-Broking, AmInvestment Bank.

Mottai is specifically enhanced for broker trading desks in the ASEAN region, and will give AmInvestment Bank greater leverage over its regional growth by enabling dealer/remisier mobility and the ability to execute over multi-exchanges, multi-currencies and multi-asset classes.

Bertrand Rassat, principal of FlexTrade Systems Pte Ltd. in Singapore, said: "We are delighted AmInvestment Bank chose us as a strategic solutions partner. FlexTrade’s success has been based on ensuring that our trading solutions meet the specific requirements of our partners. All our solutions are fully customizable, allowing us to cater to various functional and regulatory requirements, thus giving our clients an edge in today’s very competitive environment."

About AmInvestment Bank Group

AmInvestment Bank Group was incorporated as AmInvestment Group Berhad on 23 June 2004 as a public limited company. AmInvestment Bank Group is the brand for AmBank Group's investment banking business. AmInvestment Bank Group is one of the largest investment banking groups in Malaysia, and aspires to be the pre-eminent provider of investment banking services. For more information on AM Investment Bank, please visit http://www.ambankgroup.com/en/InvestmentBanking/Pages/default.aspx.

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 150 buy- and sell-side firms, including many of the largest investment banks, hedge funds, asset managers, commodity trading advisors and institutional brokers. For more information, visit FlexTrade Systems at www.flextrade.com or follow news of the company on Twitter at www.twitter.com/flextrade.

 

Contacts

FlexTrade Systems, Inc.
Asia:
Bertrand Rassat
Tel: 65-6829-2569
Cell: 65-9066-7806
bertrand.rassat@flextrade.com
or
HQ:
James Tolve
Tel: 516-304-3601
Cell: 516-395-0549
james.tolve@flextrade.com