Ágora Deploys Progress Apama CEP Platform

Traders at the Brazilian broker will use the CEP platform to create proprietary algorithms to be executed on BM&F Bovespa, according to Progress Apama officials.

"Ágora wanted a more advanced way of delivering in-house trading [strategies] to their prop trading desk," according to John Bates, general manager of Progress Apama.

Ágora will use Apama adapters to connect to Brazilian futures and equities data, which will then be used to build the program trading strategies in the CEP engine, Bates

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