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Turquoise Picks Progress Apama for Surveillance

The platform is currently being integrated with Turquoise's trading engine, provided by Swedish exchange technology vendor Cinnober, and will be fully operational when trading goes live later this year.

Although the platform will initially provide market surveillance capabilities, Turquoise CEO Eli Lederman says the MTF chose Progress Apama because of the vendor's background as a provider of algorithmic trading platforms, enabling it to offer a flexible solution for surveillance and for more

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