SEB to Offer Cross-Asset Algos

SEB will use Apama's algorithmic trading platform and Ullink order management system (OMS) as integrated components of the new platform, the officials add.

SEB has already been using Ullink's connectivity and order routing platform ULBridge and has now decided to complement the existing trading environment with ULSmart, a best-execution engine, say the officials.

As a single-process module embedded in ULBridge, ULSmart makes decisions using real-time data from multiple sources and routes orders

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