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What is FinmaxTech?

FinmaxTech empowers international corporations, encompassing both sell-side and buy-side entities, financial institutions, banks, FCMs, and various other service providers in the financial sector, to undergo transformation through innovative technology, design, and strategic insights. Our diverse range of products encompasses derivatives across sectors such as Electricity, Gas, Oil, Equities, Futures, Emission products, and Options. With multiple modules tailored for order and execution processing across platforms like TRAFiX, Fidessa, Trayport, and Sphirra, orders can be efficiently allocated to internal back-office systems while generating the necessary tickets. Additionally, our offerings feature modules designed for European Confirm Matching with Equias (including PDF confirmations), REMIT Reporting (including LTID Breach Reporting), and various other compliance tasks. FinmaxTech’s comprehensive solutions are capable of producing invoices, monitoring payment statuses, and managing any write-offs that arise. Furthermore, our system includes an advanced rule engine that facilitates precise commission and fee calculations, ensuring financial operations are both streamlined and accurate. All these features work in harmony to provide a robust framework for financial transaction management.

What is BlockCross?

Instinet has expanded its innovative trading platform by launching BlockCross, which aims to tackle the complexities of executing large block trades in today's diverse and fragmented financial markets. This Alternative Trading System (ATS) offers unique features and ample liquidity, allowing for the effective and discreet execution of large transactions while reducing their market impact. BlockCross supports the crossing of trades by leveraging natural liquidity from a wide array of buy- and sell-side participants. Additionally, Instinet's vast network of institutional clients—drawn from its offerings in portfolio trading, commission management, and research services—greatly enhances the liquidity possibilities within BlockCross. With the sophisticated integration of BlockCross's order blotter, users can tailor their interaction with the ATS directly from their front-end interface. They can set alerts, respond to organic trading opportunities, define auto-execution criteria, communicate their interests to selected counterparties, and identify methods to boost block trade efficiency. This forward-thinking strategy not only simplifies the trading process but also equips users with the tools necessary to make better-informed trading decisions as market conditions continue to shift. Consequently, BlockCross represents a significant advancement in trading technology, catering to the evolving needs of institutional investors.

Media

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Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

FinmaxTech

Date Founded

2010

Company Location

United States

Company Website

www.finmaxtech.com

Company Facts

Organization Name

Instinet

Date Founded

1969

Company Location

United States

Company Website

www.instinet.com/blockcross

Categories and Features

Categories and Features

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