Pragma Debuts Hosted Algo Service

Trading technology provider Pragma has launched a turnkey broker-neutral line of trading algorithms, dubbed Hosted Algos. The new offering is geared toward systematic traders, according to firm officials.

"Clients get the benefit of our proven, high-quality algorithmic suite but can continue to use the brokers of their choice, maintaining their brokerage relationships and continuing to pay bills through their trading," says David Mechner, CEO of Pragma.

The new offering can be accessed via

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