Progress apama options trading
The ability to customize Apama strategies allows sell-side brokers to develop their own interfaces and trading algorithms as part of bundled offerings made available to their buy-side clients. Sell-side firms can now more easily deploy and manage these innovative algorithmic trading strategies, and make them available remotely. With the Apama offering, they can also attract new buy-side clients by offering them access, as a service, to an innovative new trading platform.
Buy-side clients can now enjoy the benefits of being able to calculate more quickly the best stocks to trade and investments to make. Buy-side firms can access trading strategies recommended by sell-side firms, customizing those strategies to suit their own investment criteria. Additionally, the Apama SaaS platform is an intuitive, easy-to-use, low cost application that does not require continuous reliance on an IT department.
Included with the platform are a core set of pre-packaged, customizable, algorithmic trading screens, trading algorithms, and connectivity to the equities, foreign exchange, fixed income, and derivatives markets. Our clients can quickly and easily roll out of their own unique algorithmic trading strategies, back-test these strategies to gauge their effectiveness and alter them once live in the market, improve their risk management measures and optimize their pricing benefits.
SmartBlocks permit firms to reuse algorithms in different trading strategies or asset classes, as well as enabling brokers to create customized algorithms for each buy-side client. Brokerages can now provide more personalized algorithms that are tailored to the unique needs of each individual client. The Apama SaaS option allows the sell-side to provide different levels of service to their buy-side clients.
By embedding the FlexScan strategies into the Apama platform, investors can develop trading strategies more quickly and easily. Equally importantly, the intuitive business tools within the Apama platform enable traders to devise their own algorithms without the need for IT programmers.
Luis Ermel , Director, InvestFlex, said: We evaluated a number of trading platforms; however, the Progress Apama platform was superior due to its powerful, proven functionality. Equally important to us was Progress' leadership position in the algorithmic and high frequency trading market worldwide, coupled with their strong local presence. Our clients are now able to gain a significant competitive advantage by monitoring markets in real time and developing algorithmic trading strategies to exploit new opportunities.
The Brazilian capital markets have experienced massive growth. Between and , the options contracts traded on the Bovespa jumped 80 percent, from , to , The new FlexScan solution, powered by Apama technology, has the potential to attract 50, new users, and process over 2, trades per day by the end of Progress has the largest client base in capital markets comprising top sell-side firms, buy-side firms, hedge funds and regulators. Our partnership with InvestFlex will expand this market position significantly.
The Progress Apama platform is the only platform that can deliver all the complex event processing capabilities required to gain the full benefits of real-time capital markets solutions - with sub-millisecond latency. First, it has a powerful complex event processing CEP engine; second, a rich graphical dashboard; third, event data management technology that captures and replays event streams and allow you to conduct root-cause analysis and pre-flight testing of algorithms; fourth, pre-built analytics to help monitor the key performance indicators KPIs of a business; and fifth, adapters to event data sources, including messaging, databases, and industry-specific data feeds such as market data.
This enables both IT and traders to be more operationally responsive to changing market conditions with real-time data analysis and visibility into enormous amounts of events. PRGS is a global software company that enables enterprises to be operationally responsive to changing conditions and customer interactions as they occur - to capitalize on new opportunities, drive greater efficiencies and reduce risk.
Progress maximizes the benefits of operational responsiveness while minimizing IT complexity and total cost of ownership.