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Wikipedia defines it as “a desirable quality of a business process or supporting IT solution, which indicates its ability to respond to changing conditions and customer interactions as they occur. An operationally responsive business process or IT solution is one that reacts quickly and...
Strange things are happening in the markets! As you know if
you’ve been following this blog, quite a few scares, horrors and apparitions
have been sighted in equities, futures, FX and oil markets over the last few
months. But fortunately the Mystery Machine has rolled into town and Scooby,
Wow, what a great opening day of the Progress Exchange Online 2010 Conference – and a great turn out too! Today we welcomed over 2,000 attendees from 66 countries around the world. We even...
Upon joining Progress in 1989, Gus Bjorklund fixed bugs in Progress 4.2N. Since then, Gus has joined the OpenEdge Best Practices team and he has worked on various initiatives, focusing primarily on the OpenEdge RDBMS. He has been a...
As regulators continue to look into the causes of the May 6th flash
crash, some high frequency trading approaches are coming under scrutiny. In
particular the concept of “quote stuffing”, where algorithms send so many
orders into the order book that the market cannot possibly respond, has come
Roy Ellis has been working for Progress Software since 1995. He started in Technical Support where he supported the Progress database on all operating systems for versions 6 to 8 before transitioning into development. He was a member of the development teams that brought you WebSpeed, AppServer,...
I have been seeing an increasing amount on interest in the marriage between Business Transaction Management (BTM) and Complex Event Processing (CEP). On July 29th Dr Dobbs Journal published an article called Complex Event Processing: IT...
"And now," cried Max, "let the wild rumpus
— Maurice Sendak: Where the Wild Things Are
It’s not just equities and futures markets where strange stuff
happens! An “algo gone wild” was spotted in the oil market (it actually happened
earlier this year)...
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