Platforms adopt algorithmic trading

- By FX Markets Staff
- @FXMarkets_
- 19 Sep 2005

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This is the first time that Progress, formerly named Apama, has moved into the forex space, adding to its capabilities in equities and futures markets.

Massachusetts-based Progress's entrance into foreign exchange enables traders to compose, deploy and manage their own advanced trading strategies. These include routing orders based on best price or looking for arbitrage opportunities between multiple currency crosses.

The platform also enables traders to algorithmically manage complex strategies

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