FX Market Aggregation
The fragmentation of the FX market and the different strengths of liquidity providers require that algorithms be able to access multiple liquidity venues to find the right price and depth. The Progress Apama FX Market Aggregation Accelerator FX Aggregation Announcement applies the power of algorithmic execution to the ever-demanding requirements of a fragmented FX market. Combining a set of FX integration adapters with pre-built Apama trading dashboards and foundation FX algorithms, the FX Market Aggregation Accelerator helps traders implement high-frequency trading strategies that can access multiple FX liquidity sources to identify best price and available market depth.
Based on the market-leading Apama Algorithmic Trading Platform, the FX Accelerator facilitates integration with major FX aggregators, Electronic Crossing Networks (ECNs), together with direct bank connectivity. Traders can use Apama's FX Accelerator to gain significant competitive advantage by aggregating multiple FX pools. With Apama, these traders have a comprehensive market view that can be exploited by proprietary FX and cross-asset trading strategies.
The Apama FX Accelerator is built upon Apama's core algorithmic platform, which leverages the power of complex event processing (CEP). Apama has extended that foundation with a rich development framework that allows both traders and developers to create unique strategies that can now be applied to the unique challenges of trading in a fragmented FX market. With the FX Accelerator, both buy or sell-side firms have a flexible package that accelerates the deployment of trading strategies that uniquely respond to a dynamic market environment where liquidity might be found in a number of diverse venues.
