Gerber takes Powerllel route

PORTFOLIO MANAGEMENT AND TRADING

NEW YORK -- Gerber Capital Management, a New York-based exchange-traded funds arbitrage hedge fund, has chosen software from Powerllel to increase the speed of its trading analytics. Powerllel, also based in New York, provides development frameworks and tools for creating and managing parallel and distributed applications for financial institutions.

Marc Schwarzchild, a technical and quantitative analyst at Gerber, says the fund signed with Powerllel because it needed the trading analytics

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