Build, protect and deploy apps across any platform and mobile device
Leverage a complete UI toolbox for web, mobile and desktop development
Automate UI, load and performance testing for web, desktop and mobile
Rapidly develop, manage and deploy business apps, delivered as SaaS in the cloud
Automate decision processes with a no-code business rules engine
Build mobile apps for iOS, Android and Windows Phone
Deploy automated machine learning to accurately predict machine failures with technology optimized for Industrial IoT.
Optimize data integration with high-performance connectivity
Connect to any cloud or on-premise data source using a standard interface
Build engaging multi-channel web and digital experiences with intuitive web content management
The trading business feels like a fight, now as ever, with the threat of sweeping regulations as the most pressing concern of the moment. This business even sounds like a war, too - with algorithms names like "Raider" and "Sniper;" and with terms like "dark pools," and "low latency arms race" drawing focus from regulators and media alike. But the war-like aspect remains because trading is a highly competitive business.
The imperative to increase market share will remain a top priority this year along with risk management and regulatory compliance, and the technology required to compete is available to everyone. As Apama has expressed before here, the markets are still driven by those with the flexibility to quickly adapt to new regulations, the insight to understand new market behaviors, and the imagination to conceive a trading strategy that can capitalize on the opportunity. It's no wonder that the relatively small number of firms using high frequency trading strategies are responsible for
over 70% of US equity trading volume.
These pressures push the rest of the capital markets in the same direction and the trend is unlikely to reverse.
On February 8th 2010, Apama announced that Banco Fator Corretora, a Brazilian bank and brokerage firm, has deployed the Progress® Apama® Algorithmic Trading Accelerator.
Apama plays a critical role in Banco Fator’s new electronic trading strategy, enabling it to more
effectively develop high frequency, proprietary trading tactics, achieve rapid
customization, and perform low latency execution of trades on behalf of its
buy-side clients. Banco Fator is also working with its clients to design
customized algorithmic trading strategies that provide them significant
competitive advantage, and the bank explicitly emphasized the importance of providing its clients with a fast method to enter the high frequency trading business.
Why so much emphasis on high frequency trading (HFT)? Reasons will differ among traders and regions, but a short primer on HFT and some ideas are here. The Brazilian market has expressed a strong opinion on the matter, with over 15 customers deploying Apama internally to automate execution and/or alpha-seeking strategies in the past year-and-a-half, with many further rolling out the platform to downstream clients.
So, do you have an opinion on HFT as well? What characteristics should a platform for HFT have to enable you to be more competitive? Let us know - leave a comment, or take our poll.
View all posts from The Progress Guys on the Progress blog. Connect with us about all things application development and deployment, data integration and digital business.
Copyright © 2017 Progress Software Corporation and/or its subsidiaries or affiliates.
All Rights Reserved.
Progress, Telerik, and certain product names used herein are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and/or other countries. See Trademarks for appropriate markings.