According to the firm, US hedge funds and asset managers have been shifting assets from US equities to non-US equalities and derivatives in their search for volatility and enhanced returns.
Our clients have asked for a single, broker neutral trading platform, which provides access to all of the markets they trade. With Version 4.0, we have responded by providing a single platform which accommodates the needs of funds with multiple prime brokers, trading, a variety of global asset classes through multiple brokers, said Jim Kwiatkowski, executive vice president of sales and marketing.
With flexible configuration options and integrated real-time data, P/L, and independent TCA, FutureTrade says Version 4.0 can be used as an order management system to some clients and an execution management system to others.
Clients will be able to trade equities and options through a single integrated user interface; trade equity lists, option spreads, sweeps and buy/writes; enter international symbols using any of several recognized standards; monitor real-time aggregate P/L, watch Level 2 information from multiple markets; access a suite of popular algorithms, and more.
Through its LiquidityPath program, FutureTrade will also offer the 4.0 platform to customers of its partners which include prime brokers, algorithm providers, soft dollar brokers, research providers and agency brokers.
