Progress Releases Single-Bank Portal FX Adapters

"This represents a doubling of destinations for foreign exchange," says Dan Hubscher, industry marketing manager for capital markets at Progress Apama.

There are new adaptors for Bank of America's FX Transact, Barclays Capital's Barx, Credit Suisse AES FX, Deutsche Bank Autobahn, Goldman Sachs, HSBC FXfix, and UBS FX2B.

Previously, the vendor had focused on creating an adapters to provide bi-directional connectivity to various FX ECNs for pricing and order transmission. However, driven by

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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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