View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
April 6, 2005

Progress Software releases algorithmic securities trading platform

A couple of days after acquiring privately-held Apama, a trading technology provider, Massachusetts-based Progress Software has revealed details of a new Algorithmic Trading Strategy Platform.

By CBR Staff Writer

The company also announced its intentions to integrate its real-time data infrastructure with Apama’s offerings and to expand its sales, service and support for Apama products globally.

Apama’s Algorithmic Trading Strategy Platform, which will be offered through Progress Software (PSC), allows securities traders to explore algorithmic trading strategies that include VWAP (Volume-Weighted Average Pricing), spread trading and index arbitrage, and automated market-making strategies that include real-time foreign exchange and bond pricing.

The product, according to PSC, also enables electronic trading operations to increase their competitive advantage by implementing automated strategies that incorporate their own trading techniques, using Apama-based financial applications that monitor and analyze events from real-time market feeds.

Apama supports direct integration with market data feeds, order management systems, public exchanges, ECNs (Electronic Communications Networks), enterprise integration middleware and databases.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.