Progress offers algo platform as a customised
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The software vendor’s Software as a Service (SaaS) model offers customisable ‘white box’ trading capabilities, in addition to traditional black box algorithms.
The service offers three main advantages for sell-side brokers. First, the brokers can quickly set up trading strategies customised for buy-side clients in a ‘white box’ where traders can see and change the algorithms. The model comes with pre-packaged trading screens and algorithms, customisable in hours or days. These are remotely
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