Aspect Capital takes Apama trading platform for forex

NEWS: NEW CONTRACT | REAL-TIME CAPABILITIES HELP APAMA CLINCH NEW HEDGE FUND DEAL

LONDON – Aspect Capital, a London-based multi-asset hedge fund manager, has deployed Progress Software’s Apama algorithmic trading platform for its foreign exchange trading operations.

The platform enables automatic execution of changes to Aspect’s positions using analytic triggers calculated in real time. Apama also provides adaptors to Fix and GL-Trade, as well as EBS and Hotspot FXi.

According to Peter Beard, vice-president of worldwide operations at Progress Software’s Progress Real Time D