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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 strategies that capitalize on proprietary trading techniques. The product will enable traders to accelerate the deployment of trading strategies 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 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.
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Title Annotation:IT News and Products
Publication:Software World
Date:Jul 1, 2007
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