Dublin-based Baxter Financial Services has launched a software development kit and programming classes for clients of its foreign exchange Algorithmic Trading Platform. The new services join Baxter’s ECN, FX Prime Brokerage and FIX Gateway services already in use by algorithmic traders, retail brokerages, hedge funds and other high-volume traders.

Baxter’s Algorithmic Trading Platform is supported by CEP high-frequency technologies, collocated with Baxter’s ECN for low latency connectivity, direct multi-venue routing to Currenex, Hotspot FXi, EBS and others, and competitive FX commissions via FX Clearing 2.0, Baxter’s Prime Brokerage service.

The new SDK allows Java or C/C++ programmers to develop trading algorithms on their own equipment. The Algorithmic Trading Classes provide a week-long training session in development, backtesting, running and post-trade analysis. The class includes programming issues related to different order types, multi-venue aggregation and routing, trading risks and other algorithmic coding issues.