United Overseas Bank Taps FlexTrade Systems for FX Trading
UOB will implement MaxxTrader, FlexTQM and FlexFX solutions to manage the entire trading life cycle, including price construction, distribution, trade execution, hedging, position management and post-trade analysis.
"By using FlexFX, MaxxTrader and FlexTQM as a comprehensive solution, UOB will be able to successfully facilitate and navigate trading in the global currency markets," says Manish Kedia, managing director at FlexTrade Systems in Singapore. "MaxxTrader will serve as the aggregation and distribution platform to UOB's global branches while FlexFX and FlexTQM will be used for market-making, auto-hedging and transaction cost analysis, respectively."
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