Rapidly load, trade and allocate for the next generation trader

Trade-away is increasingly important to investment managers who want best execution. Managers on Flyer Trading Network achieve operational efficiencies by trading away and performing step-out allocations. Your complex world of step-out trades and allocations is simplified on FTN, providing a single service for directed trades, step-out trades, and post-trade processing. FTN elegantly re-blocks step-out trades and rapidly allocates average-priced trades across your accounts, saving you time and improving post-trade processing. FTN’s universal translator simplifies integration via the web, accepts any type of trade or allocation and electronically delivers it to your sponsor.

Sponsor Connectivity

• UBS
• J. P. Morgan
• Bank of America Merrill Lynch
• ADP Davidson
• Oppenheimer
• NFS Fidelity Capital Markets
• Hilliard Lyons
• TD Ameritrade
• Bloomberg Tradebook
• Pershing
• Signal Hill
• Janney Montgomery Scott
• Citi
• and many more

Trading with FTN

• Fast orders and real time execution blotter for the new breed of asset manager
• Step-out and directed trades for all of your sponsors so you can manage your costs effectively
• Fits right in your world with unprecedented ease of integration
• Intuitive multi-broker, multi-asset blotter for blocking account orders, monitoring executions, allocating executed blocks to sub-accounts, and managing your daily workflow
• Rapidly load orders and block trades from thousands of accounts
• Our multi-asset, broker-neutral order, execution and allocation software is built with Flyer's innovative high speed FIX infrastructure
• Our combined FIX network and application simplifies the relationship with your broker

Allocations

• Eliminate inefficient, manual processes that are prone to errors
• Step-out allocations allow you to trade anywhere while seamlessly allocating back to your sponsor so you improve your execution prices
• Block your step-out trades, calculate your average prices, and allocate across thousands of accounts in seconds while streamlining your back office
• Connect directly into all of your sponsors’ systems using either FIX or their proprietary interfaces so you can confidently trade and allocate from one single service
• Choose from automated allocation algorithms such as pro-rata or FIFO, or manually make adjustments yourself for maximum efficiency
• Eliminate errors from double keying or making mistakes translating to and from your trading and allocation systems

Trade Cost Analysis and Algorithms for Best Execution

• Web reports validate execution quality with all of your sponsors
• NASD rule 2330(a) compliant proving best execution with our Transaction Cost Analysis report for interval VWAP and other industry best practices
• Access broker supplied algorithms and incorporate new ones in minutes using the industry standard Algorithmic Trading Definition Language

World Class Pit Crew

• Our professional support staff gets you integrated in heartbeat