Newswire

TMX Atrium, provider of smarter infrastructure solutions for the financial community, today announced that Raptor Trading, (Raptor) has connected to TMX Atrium in Toronto to take advantage of low latency access to Canadian exchange market data.

Software AG today announced that it has executed an agreement with Progress Software to acquire Apama, the market leading platform for Complex Event Processing (CEP) and CEP-powered solutions. Apama CEP allows organizations to correlate and analyze business activities across multiple data streams in real-time and take immediate action in response. The high performance Apama CEP platform together with Software AG’s low-latency messaging and in-memory technology will enable customers to gain maximum value from real-time business data in any business area where sub-second response times to events are critical; such as fraud detection, capital markets trading or customer experience management. In addition, Apama CEP will enable customers to fully design, test, monitor and control the industrial internet to a new level of precision and at a new level of intelligence.

Knowsis is the first service provider that can prove analytics, based on listening into social media, actually works. Rigorous testing by the data and analytics firm has established that a trading strategy utilising social media sentiment data significantly outperforms one that does not. The results have been corroborated by a number of leading quantitative funds. It is the first time proof of this kind has been provided in a real trading environment.

DataFluidics™, the innovative provider of ultra-low latency technology today announced the general availability of Reflex™, a revolutionary data processing platform for financial institutions. In increasingly fragmented markets where volume-driven automated strategies span time zones and hunt razor-thin windows of opportunities, modern trading desks can no longer be satisfied with the ability to make split-second decisions based on a single market data feed. Traders can no longer rely on single-exchange connectivity either. The new frontier of profitability dictates that advanced trading firms combine and analyze several data sources to reach a decision and instantly dispatch orders to multiple destinations. Yet many current infrastructures remain tied to legacy paradigms of single-input / single-destination whose performance dramatically erodes if multi-channel logic is retrofitted into them. Firms can no longer capture profits.