Tag: algorithmic trading

Progress reports strong demand for Apama in Asia Pacific

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.

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.

StreamBase launches MiFID and algorithmic trading solutions

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.

Fidessa launches BlueBox algorithmic trading platform in Europe and Asia

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 says algorithmic traders will benefit most from new connectivity deal with COLT

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.

Mexican broker Finamex buys algorithmic trading technology from Progress Apama

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.