Apama & CQG - Partnering for Low Latency Futures Execution

Apama & CQG - Partnering for Low Latency Futures Execution

Posted on November 12, 2008 0 Comments

<!-- /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:Arial; mso-fareast-font-family:"Times New Roman";} span.ccbntxt {mso-style-name:ccbntxt;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} -->

The 24th Annual FIA Futures & Options Expo took place in Chicago this week in and we used that venue to announce an Apama partnership with CQG.  A quite significant player in the Futures trading market, CQG offers real time quotation, charting and technical analysis tools. Via this new partnership, CQG users can now automatically execute trades that have been signaled from within CQG's technical analysis models, leveraging algorithms that are offered via the Apama CEP platform.

A key element in the partnership is the deployment model.  Apama is being hosted in the CQG infrastructure such that their users do not have to install Apama locally in order to access the benefits of the integrated offering.  They can select and parameterize the execution algorithms via Apama dashboards and gain very low latency execution through CQG’s co-located facilities at major global exchanges.

Deals like this signal the growing interest in Apama. Part of the appeal is the flexibility of the underlying Apama CEP platform (and its supporting tools).  That flexibility encompasses different asset classes, the different application use cases that are needed to support those asset classes and, as is evidenced here, different deployment models. 

Shown below is a CQG screen, with the Apama dashboard component highlighted.

Cqg_screen

progress-logo

The Progress Team

View all posts from The Progress Team on the Progress blog. Connect with us about all things application development and deployment, data integration and digital business.

Comments

Comments are disabled in preview mode.
Topics

Sitefinity Training and Certification Now Available.

Let our experts teach you how to use Sitefinity's best-in-class features to deliver compelling digital experiences.

Learn More
Latest Stories
in Your Inbox

Subscribe to get all the news, info and tutorials you need to build better business apps and sites

Loading animation