Progress Software Corporation, a global supplier of application infrastructure software, has announced strong growth in the Asia Pacific region. The company says this is because its white box algorithmic trading solution meets the demands of the region’s diverse markets for customised, localised algorithmic trading capabilities.
Tag: algorithmic trading
Xenomorph, a cross-asset data management solutions provider, and 4th Story, an algorithmic trading strategy and software provider, announced today that they have completed integrating Xenomorph’s TimeScape and 4th Story’s product suite to offer a solution for automated trading strategists.
Quant House has implemented access to Hotspot FXi, a multibank foreign exchange marketplace, via its feed handler. Quant House is a provider of low latency market data technologies, trading strategies development frameworks, execution engines and proximity hosting services that aim to help programme trading firms to trade ahead.
Dr John Bates, Progress Software, spends the week ahead discussing next-generation algorithmic strategies
Dr John Bates, founder and vice president, Apama Products, Progress Software, will lead two industry discussions this week on significant new trends in capital markets. Today Bates chairs a panel on ‘Trading in Multiple Marketplaces’ at the TSX/RS 2007 Market Structure Conference in Montreal. Later this week on Thursday, March 22, Bates will participate in a live webinar on algorithmic strategies for fixed income, in conjunction with Advanced Trading and Wall Street & Technology.
Piper Jaffray Algorithmic and Program Trading (APT) team adds its most recent algorithm, Hornet to several order management systems (OMS), including Bloomberg, Eze Castle, Charles River, Macgregor, Br
StreamBase Systems, a Complex Event Processing (CEP) provider, yesterday launched two new solutions focussed on MiFID and algorithmic trading to meet the requirements of regulatory complexity and soaring market volumes in Europe. The solutions are the firm's response to growing customer demands and the increased investment by the financial services industry in specialised CEP.
Royalblue, provider of Fidessa, has launched BlueBox, its algorithmic trading system, in Europe and Asia. Available in the US since last October, BlueBox aims to provide easy access to pre-built, industry standard algorithmic strategies along with a toolkit for clients wanting to build their own proprietary models. "With BlueBox we have redefined the algorithmic market by lowering the financial barriers and complexities of algorithmic solutions," says Philip Slavin, head of European product strategy at Fidessa. "BlueBox enables brokers to operate their own algorithmic trading system without the need to tackle complex system integration issues."
Deutsche Bourse Systems has teamed up with telecommunications provider COLT to offer so-called ‘Proximity Services' to members of Deutsche Bourse's trading platforms. The exchange says the new offering will enable traders to place their order management systems as close as possible to Deutsche Bourse's trading infrastructure, so that they can exchange data and process orders with minimal latency delay.
Software vendor Progress Software says Mexican broker-dealer Casa de Bolsa Finamex (Finamex) has bought its trading platform to provide algorithmic trading capabilities to its buy-side customers. Progress says the Apama algorithmic trading platform aims to help firms analyse, evaluate and respond to complex market events in real time.
In a new report based on the first week of trading on the U.S. equity options market penny quoting pilot (which commenced on January 26th), trading platform provider Tethys Technology predicts that algorithmic execution in options markets will grow.