The need for speed in algorithmic trading

NEWS

Speaking at Progress Apama's algorithmic trading event for fixed income and foreign exchange in London last week, Silva said FX traders will need algorithms to handle these vast transactions.

John Bates, founder and vice-president of Progress Apama, said algorithmic technology can also help to manage risk. "There are those who believe using algorithms put you at greater risk. But if you actually build rules that monitor your risk positions into your algorithms, you will in fact be reduced to

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