FX Week: ADS Securities targets HFT with new FX platform

New platform white-labels FlexTrade’s systems and is pitched to high-frequency and high-volume traders Abu Dhabi-based brokerage ADS Securities has white-labelled technology from FlexTrade to launch a new foreign exchange platform tailored to the demands of institutional high-frequency and high-volume traders. The low-latency platform, dubbed Orex, will be rolled out to clients in Europe, North America and Asia, in addition to the firm’s home market in the Middle East…