Australia and New Zealand Banking Group (ANZ) has gone live with the Progress Apama FX Aggregation Accelerator, claiming that a better view of liquidity and the ability to support greater trade volumes will make it a leader in foreign exchange trading. The bank evaluated a number of specific FX aggregation and e-commerce products, as well as solutions from complex event processing vendors, before choosing and implementing the Progress Apama platform in its Melbourne and Sydney trading centres early last month.
StreamBase has responded to increasing interest in foreign exchange (FX) trading by teaming up with algorithmic FX trading specialist MarketFactory to speed up ‘time to first trade’ for hedge funds, banks and trading firms accessing the spot FX market.
A-Team Insight Events combine A-Team's expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners. In 2011, a quality constituency will once again gather for these focused events in London and New York City.
The Securities and Exchange Commission’s (SEC) 14 July deadline for compliance with its Rule 15c3-5, which governs pre-trade risk management, and the ongoing MiFID Review in Europe were highlighted as key concerns by panellists at A-Team Group’s Business & Technology of Low-Latency Trading (BTLLT) event in London this week. High frequency traders are especially concerned about the extension of MiFID to many new areas as a result of the review process, said Benjamin Stephens, electronic trading and quantitative prime brokerage origination at Nomura International.
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