Algo Traders Seek High-Frequency Tech SolutionsBy Steve Marlin July 29, 2010 – Algorithmic traders who want to play in the high-frequency game are gearing up with technology to plug in to advanced trading platforms. In particular, they need ultra low-latency real-time process control for algorithmic trading of equities. To fill that need, Lightspeed Financial has launched a Black Box Software Development Kit (SDK) for algo traders. “We’re providing a full-blown working black box,” Andrew Actman, chief strategy officer at Lightspeed, told Markets Media Wednesday. “The goal is to speed up the process of using our APIs and allow end users to focus on trading strategy.” |
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