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TMCNet:  FlexTrade Chosen for Fourth Time as

[November 17, 2010]

FlexTrade Chosen for Fourth Time as "Best Vendor for Algorithmic Trading Technology"

GREAT NECK, N.Y. --(Business Wire)--

FlexTrade Systems, a global leader in multi-asset algorithmic execution management systems, today announced it has been named, for the fourth time, "Best Vendor for Algorithmic Trading Technology" by the readers of FX Week.

The award was given as part of FX Week's 16th annual Best Banks Awards Dinner, which was held in London on November 16. Results of the awards were based on surveys of several thousand FX market professionals in August and September 2010.

"It's a genuine honor to be chosen once again for this award," said Vijay Kedia, president and CEO of FlexTrade Systems, Inc. "It's our fourth time in five years. And what gives it special weight is it is based on a survey of our peers in the FX market. It's a solid affirmation of our ongoing commitment to excellence and providing cutting edge trading platforms to traders on both the buy- and sell-side."

FlexTrade offers two primary trading platforms for the FX market, FlexFX and MaxxTrader (FX White Label Solution), which are sold separately or combined as a comprehensive package under the FX Enterprise Solutions banner.

FlexFX, a truly neutral trading platform, provides unparalleled direct access to liquidity (more than 35 banks, ECNs and exchanges) and a flexible assortment of tools for implementing intelligent trading strategies, including user-defined analytics for real-time quantitative trading and order management. FlexFX also operates as a risk management tool, and allows traders to create individual trading strategies with fully customizable analytics and visual alarms coupled with integrated quantitative capabilities, smart routing connectivity and real-time data.

MaxxTRADER is a white label trading system for sell-side institutions operating in the foreign exchange markets. Designed to allow institutions to privately aggregate and issue price information to the markets and clientele, MaxxTRADER is a complete turnkey, ASP front-end solution allowing orders to trade directly from client to client, directly with the trading desk, or back-to-back with all liquidity providers.

When combined as a comprehensive FX Enterprise Solutions platform for sell-side institutions, MaxxTRADER and FlexFX offer full support for real-time margin control, risk management, auto-liquidation, intelligent quoting based on end-users, integrated proprietary trading and agency trading.

About FlexTrade Systems, Inc.

Founded in 1996, FlexTrade Systems Inc. is the industry pioneer and global leader in broker-neutral algorithmic trading platforms for equities, foreign exchange and listed derivatives. FlexTRADER, our flagship platform for algorithmic trading, is widely viewed as unique in the industry for its high performance and multi-asset capability. With offices in North America, Europe and Asia, FlexTrade has a worldwide client base spanning more than 120 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 us on Twitter at http://twitter.com/flextrade.

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