Smart Order Routing Accelerator
Create Unique Proprietary Order Routing Strategies
Creating smart order routing strategies in today's environment is challenging. Diverse liquidity venues are increasingly available to traders (Multilateral Trading Facilities, the Exchanges, dark liquidity pools, internal crossing networks, to name a few) and choosing the right one to use for your trading strategies can be difficult. On top of that are the evolving regulatory demands of Europe’s MiFID and the U.S.'s Reg NMS for best execution. Packaged, commoditized smart order routing applications often won’t deliver what is needed in these conditions. Successful smart order routing – the kind that distinguishes you from the competition - requires unique order routing capabilities.
With the Progress Apama Smart Order Routing (SOR) Accelerator, traders can now create unique, proprietary order routing strategies that intelligently select from among many execution venues, both providing the competitive power of differentiated execution strategies, as well as the foundation to comply with regulatory demands for best execution.
Complex Event Processing Enables Real-Time Decision-Making
Start with the Progress Apama Algorithmic Trading platform, the industry-leading environment for creating algorithmic trading and related Capital Markets applications.
Combining the most widely-deployed complex event processing (CEP) platform with a rich set of tools for both business users and IT developers, the Apama platform enables both buy-side and sell-side trading desks to quickly design, test, deploy and evolve strategies that incorporate unique proprietary algorithmic techniques. The Apama architecture monitors real-time market data and other sources of market information and takes action instantly. Combining development ease and deployment power, the Apama platform is unmatched in the industry.
The Apama SOR Accelerator also offers:
- A set of customer-selectable integration adapters
- Configurable order routing logic
- Graphically rich monitoring dashboards.
Together, those features accelerate the creation and deployment of unique Smart Order Routing applications that exploit the powerful functionality of the Apama platform. And, with customized, aggregated views of market liquidity, traders can quickly capitalize on that liquidity with real-time order routing decisions.
By leveraging the experience derived from client implementations, Apama's SOR Accelerator empowers trading desks to overcome the challenges of trading in increasingly fragmented markets. The goal is straightforward. Deliver unique, proprietary order routing strategies that support best execution requirements.
