"Algo trading is the biggest use of event processing, where the EP engine contains rules about how to respond to streaming market data, such as to execute a spread trading strategy," said John Bates, vice president of products and field services at Progress Apama. "It started in equities, moved to futures and options, and now foreign exchange and fixed income."
However, to perform pattern recognition across different data sets or instruments, "you want to run analytics as close to the data as
Victor Anderson, who is in town from London, joins Anthony and James to dig into the key themes from Waters USA.Subscribe to Weekly Wrap emails
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