Pragma rolls out real-time algo order-tracking system

Clients gain access to the Fix messages of all their parent and child orders

algorithmic-whirlpool
TradeBase is offered as part of Pragma360

Algorithm technology provider Pragma has launched a database that provides clients with real-time access to the Financial Information eXchange (Fix) messages of their parent and child algo orders. Until now, this data was only available to firms that built their own algo-trading platforms.

TradeBase, Pragma's new relational database, provides users with real-time information on all new child orders, amendments and cancellations.

"Transparency is at the heart of our value proposition and

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