Another Algo client for Apama

US-based hedge fund HG Trading has implemented the Progress Apama Algorithmic Trading Platform. It has implemented the platform for equities trading and plans to extend its use into other asset classes, including futures and options. HG Trading has installed the platform on its premises with a connection to its Chicago-based broker for FIX-based routing of orders to the market.

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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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