4th Story, a provider of automated trading software to institutions, hedge funds and broker-dealers, has connected its real-time trading strategy platform, 4S.Everglades, to technology group BAXTER Financial Services' FX multi-bank trading system, currencydealing.net.
Automated and algorithmic trading strategists using 4S.Everglades can now develop and run trading models on Baxter's ECN, which is used for trading Spot FX and offers real-time data and order matching.
"Currencydealing.net is one of the more unique and innovative platforms that we have integrated with," says Steven Smith, CEO, 4th Story. "It is a great complement to our multi-asset class, multi-currency products for real-time algorithmic and alpha strategy trading."
"Trading strategists using 4S.Everglades for automated model operation and execution can now access the advantages of deep liquidity and real-time order matching on over 70 currency pairs," says Jeff Grossman, head of sales, Baxter Financial. "4th Story has one of the most user-friendly solutions for algorithmic and program trading."