Apama FX software launced by progress.Progress Software Corporation recently launched the Progress Apama FX Market Aggregation Accelerator. Combining a set of FX (foreign exchange) integration adapters with pre-built Apama trading dashboards and foundation FX algorithms, the Apama FX Market Aggregation Accelerator helps both sell- and buy-side traders develop and deploy high-frequency foreign exchange trading Foreign Exchange Trading or FX Trading, clients are able to hedge against, or speculate upon, changes in the exchange rate of two currencies. For example, a speculator can long EUR/USD in foreign exchange market in order to profit from capturing the appreciation of Euro against the strategies that capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. proprietary trading Proprietary Trading When a firm trades for direct gain instead of commission dollars. Essentially, the firm has decided to profit from the market rather than commissions from processing trades. techniques. The product will enable traders to accelerate the deployment of trading strategies In finance, a trading strategy (see also trading system) is a predefined set of rules to apply. Usually, this refers to a means used to replicate an option in order to give it an arbitrage free value in the sense that the cost of buying some financial assets to give the same that can access multiple FX liquidity sources to identify best price and market depth. The FX Market Aggregation Accelerator is based on the Progress Apama platform, a cross-asset, market-leading algorithmic trading Algorithmic Trading A trading system that utilizes very advanced mathematical models for making transaction decisions in the financial markets. The strict rules built into the model attempt to determine the optimal time for an order to be placed that will cause the least amount of system that enables capital markets firms to instantly and continuously analyze, evaluate and respond to complex market events in real-time. The FX Market Aggregation Accelerator will facilitate integration with all the major FX aggregators, Electronic Crossing Networks (ECNs) and direct bank connections. www.progresss.com |
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