FX Aggregation
Identify the Best Price and Market Depth Across Liquidity Pools
In the fast-moving, increasingly fragmented foreign exchange (FX) world you need speedy access to multiple liquidity venues to find the right price and depth. You need to get it from a trading platform that offers a sustainable, competitive advantage. The Progress Apama FX Market Aggregation Accelerator gives you what you need in a flexible package, accelerating the deployment of FX trading strategies across fragmented liquidity pools and providing cross-asset smart order routing.
“High frequency trading will represent 35% of the FX trading volume this year. Connectivity to different execution venues will prove a key component to success with these trading strategies.”
- Sang Lee, co-founder and managing partner, Aite Group
The FX Market Aggregation Accelerator is based on the Progress Apama platform, a cross-asset, market-leading algorithmic trading environment that incorporates the industry's most widely-deployed complex event processing (CEP) engine and a rich, rapid application development environment for both business users and IT. With Apama you get the power and flexibility to create FX strategies that can identify the best price and market depth across liquidity pools.
Beyond this cross venue visibility, the Progress Apama complex event processing engine gives you the option to automate signal generation or trade execution. This means you can delegate lower valued trades to automated execution, while focusing on discretionary, higher valued trade opportunities across liquidity pools.
FX Market Aggregation Accelerator's Unique Features
Apama’s Market Aggregation Accelerator combines FX integration adaptors with fully integrated and pre-built (but modifiable) Apama trading dashboards that give you a “bird’s eye” market view. The FX Accelerator supports FX data streams from dealing banks, FX aggregators, and Electronic Crossing Networks (ECNs). With liquidity sources offering different strengths in terms of currency pairs (including crosses) and available liquidity, Apama’s FX Accelerator can capture prices and depth that spans a range of liquidity pools. In addition, the Accelerator offers a set of foundation FX algorithms and a rich development framework. With Apama, both traders and developers now have the ability to create and rapidly deploy proprietary FX and cross-asset trading strategies to exploit momentary market opportunities. This solution also enables:
- Single-click trading across multiple liquidity pools.
- The ability to incorporate news as another type of algorithmic event within a sophisticated trading strategy.
With Apama’s FX Market Aggregation Accelerator supporting high speed connectivity to liquidity venues, trading desks now have the tools to accelerate the deployment of unique FX strategies across a range of fragmented liquidity pools, allowing you to capitalize on market opportunities that may only be momentarily available.
Profit-Loss, a leading FX publication, named 
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