Dubai Gold & Commodities Exchange (DGCX) on Tuesday announced that FlexTrade Systems, a global leader in broker-neutral multi-asset algorithmic trading systems, has become an approved Independent Software Vendor (ISV) on the exchange.  

According to Stephen Gaterell, CEO of the DGCX, having FlexTrade on board as an independent software vendor enhances the Exchange’s efforts to offer state-of-the-art technology solutions to its members.

“FlexTrade has been a global player in trading technology for some time now and we are very pleased to have them aboard,” said Gaterell.

“I think our members will find the customizable trading strategies and algorithms available through their options and futures platforms to be of particular interest as well as their risk and stress analysis offering.”

“It’s a pleasure to join the DGCX as an ISV,” said Vijay Kedia, president and CEO of FlexTrade. “We are fully committed to the exchange and its members and believe this partnership will enable both parties to offer the latest in cutting-edge, derivatives trading technology.”