FlexTrade swipes algo honours

FlexTrade has had an impressive year, but is facing stiffer challenge from the growing number of vendors offering algorithmic trading tools in FX.

In particular, the vendor is having to fight off New York-based Aegis Software which rose from third place to second this year. Similarly, take-up of Orc technology in FX over the past 12 months has led the Stockholm-based vendor to see its stock rise going up two places to rank third.

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