Yesterday, Aegis Software, a provider of trading and testing solutions, announced the opening of a new office in London which will provide a platform for Aegis to meet growing international demand for its solutions as well as provide support for its current global customer base. The London-based office is comprised of a staff of sales, business and technical support and will be headed by Malcolm Piper, manager, European sales.
"There is a growing desire amongst trading companies in Europe to gain a competitive advantage by having access to the right technology," says Norm Friedman, vice president, Aegis Software. "Increasingly, our customers have become more sophisticated, wanting greater control over trade execution, and more efficient direct market access. The heightened demand for algorithmic trading functionality amongst European quantitative trading desks and the popularity of spread trading across the energy futures markets were also factors for opening an office in London," he adds.
Aegis' solution suite supports multi-asset trading requirements, from buy-side quantitative funds and hedge funds engaged in algorithmic and statistical-arbitrage, to sell-side firms engaged in program, principal, agency, derivatives and proprietary trading. Aegis' AthenaTrader product offering is a broker-neutral execution management platform that aggregates an entire market, says the firm. It enables traders to view numerous instruments and multiple currencies, concurrently, in the same portfolio or blotter across the network or around the world, it adds.