FCM off-shoot takes advantage of Aspen

Advantage Securities, a subsidiary

of futures commission merchant (FCM) Advantage Futures, has deployed Aspen, GL Trade's ASP service, for its front-to-back government securities trading operation. The Paris-based vendor says its offering will give Advantage Securities a sophisticated risk management and processing platform, along with the connectivity tools to achieve a real-time trading environment and an automated workflow manager to customise and improve operational efficiency.

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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