Apama for US market.Progress Software Corporation has launched the Progress Apama 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 Platform to the US market. The Apama technology enables traders Traders Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread. to continuously monitor, analyze, and respond to market events across asset classes, including equities, futures, bonds and foreign exchange, using their own algorithmic strategies. Thousands of strategies can be applied to multiple real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. streams, with sub-second responses resulting in buy or sell orders. The Apama technology also enables financial institutions to conduct real-time risk analysis, reducing the burden of end-of-day risk analysis, and freeing capital within buy- and sell-side institutions to maximize trading capabilities while conforming to the SEC's Capital Adequacy Directive The Capital Adequacy Directive is a European directive that aims to establish uniform capital requirements for both banking firms and non-bank securities firms. The original 93/6/EEC ('CAD1') directive was amended by 98/31/EEC ('CAD2'), to incorporate banks' own estimate of . www.progress.com |
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